Washington, IL is a great place to live with an affordable housing market. The median value of a home in Washington, IL is $184,000, much lower than the national median value of $339,100. Despite this low price point, the housing appreciation rate for Washington is still above average at 7.36%, only slightly lower than the national rate of 8.27%. Homeowners in this area can be confident that their investments will continue to appreciate over time.
The median home cost in Washington is $184,000. Home appreciation the last 10 years has been 26.6%. Home Appreciation in Washington is up 7.3%.
Average Age of Homes
- The median age of Washington real estate is 45 years old
The Rental Market in Washington
- Renters make up 18.2% of the Washington population
- 0.2% of houses and apartments in Washington, 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.