The housing market in Wapella, IL is thriving with the median value of $124,300. This is significantly lower than the national median value of $338,100. Over the past year, houses in Wapella have appreciated by 14.21%, which is higher than the US 1 year house appreciation rate of 8.27%. Clearly, Wapella has become an attractive place for potential homeowners to invest in and enjoy its vibrant community and flourishing housing market.
The median home cost in Wapella is $124,300. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Wapella is up 16.3%.
Average Age of Homes
- The median age of Wapella real estate is 53 years old
The Rental Market in Wapella
- Renters make up 5.2% of the Wapella population
- 2.4% of houses and apartments in Wapella, 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.