The housing market in Smithton, IL is highly competitive and desirable. The median value of a home in Smithton is $244,900, which is significantly lower than the US median value of $338,100. Despite the lower house prices, Smithton has seen an impressive 10.25% house appreciation over the last year - higher than the national average of 8.27%. This reflects the strong demand for homes in this area and demonstrates that now is an excellent time to invest in property here.
The median home cost in Smithton is $244,900. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Smithton is up 12.4%.
Average Age of Homes
- The median age of Smithton real estate is 26 years old
The Rental Market in Smithton
- Renters make up 8.6% of the Smithton population
- 0.0% of houses and apartments in Smithton, 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.