The housing market in Thomasboro, IL is quite attractive with a median value of $124,300, which is significantly lower than the US median value of $338,100. The 1 year appreciation rate for homes in Thomasboro is 8.72%, slightly higher than the national average of 8.27%. Homeownership in Thomasboro provides a great opportunity for potential buyers to secure an excellent deal on their investment. Residents can take comfort in knowing that their property values will continue to appreciate over time, making it an ideal area to purchase a home or invest in real estate.
The median home cost in Thomasboro is $124,300. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Thomasboro is up 14.5%.
Average Age of Homes
- The median age of Thomasboro real estate is 42 years old
The Rental Market in Thomasboro
- Renters make up 26.3% of the Thomasboro population
- 5.3% of houses and apartments in Thomasboro, 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.