Tower Hill, IL is a great place to live with its housing median value at $95,800. This is significantly lower than the national average of $338,100 and provides a great opportunity for homeownership. In addition to the lower cost of purchasing property, Tower Hill has seen increased appreciation in its housing values with a one year house appreciation rate of 10.25% compared to the national average of 8.27%. With these competitive benefits, Tower Hill is an attractive option for potential homeowners looking for an affordable option without sacrificing quality or stability.
The median home cost in Tower Hill is $95,800. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Tower Hill is up 11.6%.
Average Age of Homes
- The median age of Tower Hill real estate is 49 years old
The Rental Market in Tower Hill
- Renters make up 16.0% of the Tower Hill population
- 3.0% of houses and apartments in Tower Hill, 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.