Swansea, IL Housing

The housing market in Swansea, Illinois is robust with a median value of $210,700. This is significantly lower than the US median value of $338,100. The one-year house appreciation rate in Swansea is 10.25%, which is higher than the US growth rate of 8.27%. This indicates that the neighborhood has strong fundamentals and may continue to rise in value over time. Additionally, homes being sold in Swansea tend to sell quickly due to a high demand for housing in the area. For those looking for a new home, Swansea proves to be an attractive option due to its lower cost and quick return on investment.

The median home cost in Swansea is $210,700. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Swansea is up 12.4%.

Average Age of Homes

- The median age of Swansea real estate is 28 years old

The Rental Market in Swansea

- Renters make up 24.2% of the Swansea population
- 2.9% of houses and apartments in Swansea, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Swansea, Illinois	United States
	6,045.0	139,647,020.0
	29	42
	$210,700	$338,100
	12.4%	16.6%
	34.8%	57.0%
	42.4%	101.1%
	$23.77	$10.98
	$4,046	$2,690
	70.6%	57.4%
	6.1%	11.2%
	23.2%	31.4%
Vacant Housing
	2.9%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.7%	0.4%
	0.0%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	3.6%	2.6%
	2.1%	2.4%
	3.7%	2.8%
	6.7%	3.9%
	5.4%	4.5%
	17.2%	11.3%
	19.2%	13.0%
	21.8%	20.1%
	11.6%	13.6%
	3.1%	8.3%
	5.1%	9.7%
	0.3%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	23.8%	13.6%
	23.8%	13.6%
	20.2%	13.6%
	14.7%	13.2%
	6.7%	14.8%
	20.2%	13.6%
	9.5%	10.0%
	3.7%	4.7%
	4.4%	12.2%