The housing market in Venetian Village, IL is thriving. The median value of a house in the area is $186,100, which is significantly lower than the US median of $338,100. In addition to being more affordable than the US average, the area has also experienced an impressive 8.83% increase in value over the past year; this is higher than the US 1 year House Appreciation rate of 8.27%. This indicates that people are increasingly interested in living in Venetian Village and seeking out homes there.
The median home cost in Venetian Village is $186,100. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Venetian Village is up 14.5%.
Average Age of Homes
- The median age of Venetian Village real estate is 59 years old
The Rental Market in Venetian Village
- Renters make up 6.7% of the Venetian Village population
- 0.0% of houses and apartments in Venetian Village, 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.