The housing market in Ursa, IL is showing strong appreciation as the median value of homes is currently $143,700. This is below the US median of $338,100. However, while US home values are increasing by 8.27%, homes in Ursa are appreciating at a rate of 7.86%. This shows that there is still potential for growth in the local housing market and investors may consider this area for future investments.
The median home cost in Ursa is $143,700. Home appreciation the last 10 years has been 45.4%. Home Appreciation in Ursa is up 14.9%.
Average Age of Homes
- The median age of Ursa real estate is 44 years old
The Rental Market in Ursa
- Renters make up 25.2% of the Ursa population
- 5.3% of houses and apartments in Ursa, 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.