Housing in Valmeyer, IL has experienced a higher rate of appreciation than the US average over the past year. The median housing value in Valmeyer is currently $185,700 compared to the US median value of $338,100. This is a difference of over $152,000 and reflects that while housing is more expensive than the national average, it has grown significantly faster in Valmeyer as well. The one year appreciation rate for houses in Valmeyer is 10.25%, which is 1.98% higher than the national average of 8.27%. This shows that investing in housing in Valmeyer can be very lucrative and will likely continue to grow at a steady pace into the future.
The median home cost in Valmeyer is $185,700. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Valmeyer is up 12.4%.
Average Age of Homes
- The median age of Valmeyer real estate is 16 years old
The Rental Market in Valmeyer
- Renters make up 21.3% of the Valmeyer population
- 0.0% of houses and apartments in Valmeyer, 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.