Housing in Knox, IL County is very affordable compared to the national median value. The median value of housing in Knox, IL County is $88,400, which is a fraction of the US House Median Value of $338,100. Although the US experienced an 8.27% appreciation in house values over the last year, Knox County only saw an appreciation of 7.40%. Despite this lower rate of appreciation, considering the much lower housing costs, this county makes for an attractive option for those seeking to purchase a home.
The median home cost in Knox County is $88,400. Home appreciation the last 10 years has been 28.7%. Home Appreciation in Knox County is up 8.9%.
Average Age of Homes
- The median age of Knox County real estate is 61 years old
The Rental Market in Knox County
- Renters make up 29.7% of the Knox County population
- 1.9% of houses and apartments in Knox 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.