Shiloh, IL is a great place to invest in real estate due to its higher median housing value and higher appreciation rate compared to the national figures. The median housing value in Shiloh, IL is $254,400, which is significantly lower than the US house median value of $338,100. While the US house appreciation rate over the last year was 8.27%, in Shiloh it was 10.25%. This indicates that real estate in Shiloh is growing faster than the national average and could be an excellent investment opportunity for those looking to buy in the area.
The median home cost in Shiloh is $254,400. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Shiloh is up 12.4%.
Average Age of Homes
- The median age of Shiloh real estate is 19 years old
The Rental Market in Shiloh
- Renters make up 20.4% of the Shiloh population
- 3.2% of houses and apartments in Shiloh, 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.