The housing market in Strasburg, IL is quite steady and has seen modest growth over the past year. The median value of a home in Strasburg is $119,300, which is significantly lower than the US median value of $338,100. While the US saw an increase of 8.27% in median home values over the past year, Strasburg homes experienced a 7.94% appreciation rate - still a very respectable figure that shows the stability of the local housing market.
The median home cost in Strasburg is $119,300. Home appreciation the last 10 years has been 47.0%. Home Appreciation in Strasburg is up 9.4%.
Average Age of Homes
- The median age of Strasburg real estate is 62 years old
The Rental Market in Strasburg
- Renters make up 12.8% of the Strasburg population
- 0.0% of houses and apartments in Strasburg, 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.