Third Lake, IL is an area with great housing options. The median value of a house in Third Lake, IL is $335,900 and slightly lower than the US median value of $338,100. Despite this small difference in median values, Third Lake has seen significant appreciation over the past year at 8.83%, which is higher than the US average of 8.27%. This indicates that Third Lake houses are becoming increasingly valuable and desirable to potential buyers in the area.
The median home cost in Third Lake is $335,900. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Third Lake is up 14.5%.
Average Age of Homes
- The median age of Third Lake real estate is 33 years old
The Rental Market in Third Lake
- Renters make up 6.2% of the Third Lake population
- 0.0% of houses and apartments in Third Lake, 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.