The housing market in Virden, IL is quite affordable with the median value of homes being $89,000. This is significantly lower than the US House Median Value of $338,100. The one year house appreciation rate in Virden, IL is 6.36% which is slightly lower than the US rate of 8.27%. Therefore, those looking for an affordable home in a stable market might consider Virden, IL as a viable option.
The median home cost in Virden is $89,000. Home appreciation the last 10 years has been 37.5%. Home Appreciation in Virden is up 11.6%.
Average Age of Homes
- The median age of Virden real estate is 54 years old
The Rental Market in Virden
- Renters make up 29.9% of the Virden population
- 1.2% of houses and apartments in Virden, 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.