The housing market in Towanda, IL is thriving, with a median value of $214,900. This is significantly lower than the national median value of $338,100 and reflects a higher rate of appreciation over the past year. Specifically, house values in Towanda have appreciated by 14.21%, compared to 8.27% nationally. This indicates that investment in real estate in Towanda is likely to be a sound choice for homeowners looking for long-term returns on their investments.
The median home cost in Towanda is $214,900. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Towanda is up 16.3%.
Average Age of Homes
- The median age of Towanda real estate is 58 years old
The Rental Market in Towanda
- Renters make up 18.8% of the Towanda population
- 0.0% of houses and apartments in Towanda, 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.