The housing market in Thompsonville, IL is booming. The median house value of $112,200 is significantly lower than the US median house value of $338,100. However, the one year appreciation rate for houses in Thompsonville is 18.28% higher than the national average of 8.27%. This makes it an attractive option for people looking to buy property in the area and capitalize on potential gains from rising prices. The high appreciation rate indicates that this trend is likely to continue, making it a great time to invest in real estate in Thompsonville.
The median home cost in Thompsonville is $112,200. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Thompsonville is up 11.3%.
Average Age of Homes
- The median age of Thompsonville real estate is 41 years old
The Rental Market in Thompsonville
- Renters make up 24.2% of the Thompsonville population
- 1.9% of houses and apartments in Thompsonville, 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.