Yates City, IL is a small town with a population of less than 1,000 people located in Illinois. The median value of homes in Yates City is $92,000, which is much lower than the overall US median value of $338,100. In the past year, home appreciation in Yates City has increased by 7.36%, which is still significantly lower than the 8.27% appreciation rate seen nationally. Despite the lower values and slower appreciation rate compared to other parts of the US, Yates City provides its citizens with an affordable housing market and opportunities to build equity through homeownership.
The median home cost in Yates City is $92,000. Home appreciation the last 10 years has been 26.6%. Home Appreciation in Yates City is up 7.3%.
Average Age of Homes
- The median age of Yates City real estate is 61 years old
The Rental Market in Yates City
- Renters make up 14.1% of the Yates City population
- 2.1% of houses and apartments in Yates City, 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.