The housing market in Gallatin County, IL is relatively affordable compared to the US average. The median value of a house in Gallatin County is $84,260, while the US median value is $338,100. In addition, the one year appreciation rate for houses in Gallatin County is 7.98%, slightly less than the 8.27% appreciation rate across the US as a whole. This suggests that investing in or relocating to Gallatin County can be an attractive option for those looking for stable housing prices and a reasonable return on investment.
The median home cost in Gallatin County is $84,260. Home appreciation the last 10 years has been 37.1%. Home Appreciation in Gallatin County is up 13.6%.
Average Age of Homes
- The median age of Gallatin County real estate is 46 years old
The Rental Market in Gallatin County
- Renters make up 18.5% of the Gallatin County population
- 1.2% of houses and apartments in Gallatin 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.