Housing in Teutopolis, IL is a great option for potential buyers. The median value of homes in the area is $232,300, which is significantly lower than the national median value of $338,100. Despite this difference, Teutopolis has experienced a steady rate of appreciation over the past year at 7.94%, just below the national one-year appreciation rate of 8.27%. Ultimately, this makes Teutopolis an attractive option for those looking to buy property and invest in their future.
The median home cost in Teutopolis is $232,300. Home appreciation the last 10 years has been 47.0%. Home Appreciation in Teutopolis is up 9.4%.
Average Age of Homes
- The median age of Teutopolis real estate is 46 years old
The Rental Market in Teutopolis
- Renters make up 16.5% of the Teutopolis population
- 1.9% of houses and apartments in Teutopolis, 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.