Seneca, IL is a small town located in the Midwest with a median house value of $190,500. This is significantly lower than the US median house value of $338,100, however, Seneca has still seen an appreciation in its housing market over the past year at 6.45%. This is slightly lower than the nation average of 8.27%, but it still shows that housing in Seneca is on the rise. With a relatively low cost of living and easy access to larger cities nearby, it makes for an attractive investment into Seneca's housing market for potential buyers.
The median home cost in Seneca is $190,500. Home appreciation the last 10 years has been 36.2%. Home Appreciation in Seneca is up 8.8%.
Average Age of Homes
- The median age of Seneca real estate is 48 years old
The Rental Market in Seneca
- Renters make up 22.9% of the Seneca population
- 1.6% of houses and apartments in Seneca, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.