Housing in Sullivan, IL is significantly more affordable than the US housing market overall. The median value of a home in Sullivan is $132,500, compared to the US median of $338,100. Additionally, over the last year homes in Sullivan have appreciated at a rate of 18.98%, much higher than the national average of 8.27%. This indicates that there is increased demand for property in Sullivan and that it can be an attractive option for potential homeowners.
The median home cost in Sullivan is $132,500. Home appreciation the last 10 years has been 43.3%. Home Appreciation in Sullivan is up 13.5%.
Average Age of Homes
- The median age of Sullivan real estate is 54 years old
The Rental Market in Sullivan
- Renters make up 29.7% of the Sullivan population
- 2.9% of houses and apartments in Sullivan, 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.