The housing market in Menard, IL County is showing steady signs of growth. The median value of homes in the county is currently $158,600 and remains significantly lower than the national house median value of $338,100. However, over the past year, the county has seen an appreciation rate of 6.99%, only slightly lower than the national average of 8.27%. With this steady growth and increasingly attractive prices compared to other areas, Menard, IL County is becoming a popular area for those looking to buy or sell a home.
The median home cost in Menard County is $158,600. Home appreciation the last 10 years has been 37.5%. Home Appreciation in Menard County is up 11.6%.
Average Age of Homes
- The median age of Menard County real estate is 45 years old
The Rental Market in Menard County
- Renters make up 17.6% of the Menard County population
- 0.7% of houses and apartments in Menard 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.