The housing in Versailles, IL is quite affordable compared to the US median value, with an average housing median value of $86,700. While the US house median value has appreciated by 8.27% over the course of one year, the house appreciation rate in Versailles, IL is slightly lower at 7.86%. This makes Versailles an attractive place for potential homebuyers who are looking for more affordable housing options.
The median home cost in Versailles is $86,700. Home appreciation the last 10 years has been 45.4%. Home Appreciation in Versailles is up 14.9%.
Average Age of Homes
- The median age of Versailles real estate is 69 years old
The Rental Market in Versailles
- Renters make up 21.1% of the Versailles population
- 6.8% of houses and apartments in Versailles, 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.