South Wilmington, IL is a great place to live when it comes to housing. The median value of homes in this city is $137,400, which is significantly lower than the US median value of $338,100. Furthermore, the one-year house appreciation rate in South Wilmington is 9.35%, which is higher than the US average of 8.27%. This makes South Wilmington an attractive market for potential buyers and investors looking to take advantage of the current housing climate.
The median home cost in South Wilmington is $137,400. Home appreciation the last 10 years has been 66.0%. Home Appreciation in South Wilmington is up 13.7%.
Average Age of Homes
- The median age of South Wilmington real estate is 64 years old
The Rental Market in South Wilmington
- Renters make up 16.4% of the South Wilmington population
- 0.0% of houses and apartments in South Wilmington, 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.