The housing in Wamac, IL is significantly lower than the national median value. The median value in Wamac, IL is $58,200 while the national median value is $338,100. Despite being much lower than the US median, Wamac enjoyed an impressive 18.28% increase in house appreciation over the past year compared to 8.27% nationwide. This reflects a healthy and growing housing market in Wamac that is outpacing the nation.
The median home cost in Wamac is $58,200. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Wamac is up 11.3%.
Average Age of Homes
- The median age of Wamac real estate is 52 years old
The Rental Market in Wamac
- Renters make up 28.3% of the Wamac population
- 4.0% of houses and apartments in Wamac, 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.