The housing market in Kane, IL County is strong. The median value for houses is $310,200 which is significantly lower than the US median value of $338,100. Despite the lower value, the one year appreciation rate for houses in Kane, IL County is 8.75%, higher than the national average of 8.27%. This shows that real estate prices in Kane are increasing at a rapid rate and people looking to buy a home there can expect to see their investment appreciate quickly.
The median home cost in Kane County is $310,200. Home appreciation the last 10 years has been 61.8%. Home Appreciation in Kane County is up 13.2%.
Average Age of Homes
- The median age of Kane County real estate is 37 years old
The Rental Market in Kane County
- Renters make up 23.9% of the Kane County population
- 0.7% of houses and apartments in Kane County, 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.