West Frankfort, IL is a vibrant city with strong housing market growth. The median value of houses in the area is $73,700. This is significantly lower than the US median value of $338,100, making West Frankfort an attractive option for those looking to buy a home. Moreover, the 1 year house appreciation rate in the city is an impressive 18.28%, much higher than the US average of 8.27%. This points to a healthy and growing real estate market in West Frankfort and suggests now may be a good time to invest in property there.
The median home cost in West Frankfort is $73,700. Home appreciation the last 10 years has been 43.5%. Home Appreciation in West Frankfort is up 11.3%.
Average Age of Homes
- The median age of West Frankfort real estate is 61 years old
The Rental Market in West Frankfort
- Renters make up 32.6% of the West Frankfort population
- 0.6% of houses and apartments in West Frankfort, 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.