Winnebago, IL has an impressive median housing value of $217,000, which is significantly lower than the US median housing value of $338,100. Despite this considerable difference in housing values between Winnebago and the rest of the US, it is still experiencing a healthy rate of appreciation at 7.18%. This rate is only slightly lower than the US 1-year house appreciation rate of 8.27%, which indicates that Winnebago's housing market is still in good shape despite its lower median values.
The median home cost in Winnebago is $217,000. Home appreciation the last 10 years has been 50.3%. Home Appreciation in Winnebago is up 14.1%.
Average Age of Homes
- The median age of Winnebago real estate is 27 years old
The Rental Market in Winnebago
- Renters make up 15.6% of the Winnebago population
- 0.3% of houses and apartments in Winnebago, 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.