The housing in Washburn, IL is much lower than the US median value. The current median value of housing in Washburn is $101,400, which is significantly lower than the US median of $338,100. Despite this difference, the house appreciation rate in Washburn over the past year has been 7.36%, which is slightly lower than the national average of 8.27%. This suggests a steady albeit gradual growth in home values for Washburn citizens and indicates that investing in housing may remain a viable option despite its low current market prices.
The median home cost in Washburn is $101,400. Home appreciation the last 10 years has been 26.6%. Home Appreciation in Washburn is up 7.3%.
Average Age of Homes
- The median age of Washburn real estate is 65 years old
The Rental Market in Washburn
- Renters make up 21.2% of the Washburn population
- 0.0% of houses and apartments in Washburn, 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.