Vergennes, IL is a small town with a population of just over 1,100 people. The median value of housing in the area is $101,800 which is significantly lower than the US median house value of $338,100. However, though it is lower than the national average, Vergennes has seen a strong appreciation in house prices over the past year with an 8.05% increase. This suggests that the housing market in Vergennes is doing very well and is likely to continue to appreciate at similar rates in years to come.
The median home cost in Vergennes is $101,800. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Vergennes is up 14.3%.
Average Age of Homes
- The median age of Vergennes real estate is 36 years old
The Rental Market in Vergennes
- Renters make up 13.0% of the Vergennes population
- 5.5% of houses and apartments in Vergennes, 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.