The housing market in Varna, IL is quite attractive for buyers. The median value of a home in the area is currently $177,800, which is significantly lower than the US median value of $338,100. In the past year, the appreciation rate has also been quite favorable at 6.44%, although it falls below the national average of 8.27%. Overall, Varna is a great place for those looking to purchase a home and take advantage of low prices and solid appreciation rates on their investment.
The median home cost in Varna is $177,800. Home appreciation the last 10 years has been 36.1%. Home Appreciation in Varna is up 8.8%.
Average Age of Homes
- The median age of Varna real estate is 73 years old
The Rental Market in Varna
- Renters make up 3.5% of the Varna population
- 0.0% of houses and apartments in Varna, 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.