Somonauk, IL is a great place to own a home with its housing median value being $255,000. This is considerably lower than the US House Median Value of $338,100. In addition, over the past year, the appreciation rate for homes in Somonauk has been 9.58%, higher than the national average of 8.27%. This makes it an attractive option for potential homeowners looking for an affordable and promising market.
The median home cost in Somonauk is $255,000. Home appreciation the last 10 years has been 59.2%. Home Appreciation in Somonauk is up 14.1%.
Average Age of Homes
- The median age of Somonauk real estate is 44 years old
The Rental Market in Somonauk
- Renters make up 19.7% of the Somonauk population
- 3.8% of houses and apartments in Somonauk, 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.