Hancock, IL County has a median housing value of $90,500, which is far lower than the US median of $338,100. Despite this difference, the one year house appreciation rate in Hancock County is 8.03%, just slightly lower than the national rate of 8.27%. This suggests that real estate prices in Hancock County are increasing at a healthy and sustainable rate. Residents of Hancock County who are looking to invest in or purchase a home can take comfort in knowing that their investment will likely appreciate in value over time.
The median home cost in Hancock County is $90,500. Home appreciation the last 10 years has been 43.8%. Home Appreciation in Hancock County is up 14.3%.
Average Age of Homes
- The median age of Hancock County real estate is 59 years old
The Rental Market in Hancock County
- Renters make up 18.3% of the Hancock County population
- 2.7% of houses and apartments in Hancock 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.