The housing market in Sheffield, IL is relatively affordable with a median house value of $80,700. This is significantly less than the US median house value of $338,100. Although the US has seen a healthy 8.27% appreciation rate over the past year, Sheffield's appreciation rate is slightly lower at 6.44%. Despite the lower appreciation rate, Sheffield remains an attractive option for those seeking more affordable real estate options without sacrificing too much growth potential.
The median home cost in Sheffield is $80,700. Home appreciation the last 10 years has been 36.1%. Home Appreciation in Sheffield is up 8.8%.
Average Age of Homes
- The median age of Sheffield real estate is 78 years old
The Rental Market in Sheffield
- Renters make up 16.6% of the Sheffield population
- 0.0% of houses and apartments in Sheffield, 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.