The housing in Walnut, IL is relatively affordable compared to the US median value of $338,100. The median value for a home in Walnut, IL is $105,300 and the one-year house appreciation rate in this location is 6.44%, lower than the national average of 8.27%. Though the appreciation rate may be lower, it is still a good investment as prices tend to go up over time. The affordability factor in Walnut provides an ideal opportunity for potential homebuyers.
The median home cost in Walnut is $105,300. Home appreciation the last 10 years has been 36.1%. Home Appreciation in Walnut is up 8.8%.
Average Age of Homes
- The median age of Walnut real estate is 65 years old
The Rental Market in Walnut
- Renters make up 26.9% of the Walnut population
- 0.0% of houses and apartments in Walnut, 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.