The housing market in Victoria, IL is much less expensive than the rest of the United States. The median value of a house here is $80,600 compared to the US House Median Value of $338,100. While the US 1 year House Appreciation is 8.27%, it falls slightly behind at 7.76% for Victoria, IL. This provides an opportunity for potential homeowners to find deals and make investments that may not be available elsewhere in the country. With lower prices, home buyers can still get an excellent house and enjoy all that Victoria has to offer at a more affordable cost than renting or buying elsewhere.
The median home cost in Victoria is $80,600. Home appreciation the last 10 years has been 28.7%. Home Appreciation in Victoria is up 8.9%.
Average Age of Homes
- The median age of Victoria real estate is 75 years old
The Rental Market in Victoria
- Renters make up 9.9% of the Victoria population
- 0.0% of houses and apartments in Victoria, 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.