The housing market in Trout Valley, IL is thriving. The median value of homes in the area is $457,900, which is well above the US median value of $338,100. In the past year, the national house appreciation rate has been 8.27%, while it has been 8.83% in Trout Valley. This demonstrates that Trout Valley's housing market is healthy and has experienced a higher rate of growth over the last year than most of the country. As a result, those looking to buy or invest in property in Trout Valley can be confident that their investments will continue to grow in value over time.
The median home cost in Trout Valley is $457,900. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Trout Valley is up 14.5%.
Average Age of Homes
- The median age of Trout Valley real estate is 51 years old
The Rental Market in Trout Valley
- Renters make up 4.1% of the Trout Valley population
- 0.0% of houses and apartments in Trout Valley, 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.