The housing market in Ogle, IL County is thriving despite the overall trend of a slowing housing market in the United States. The median housing value in Ogle, IL County is $172,700, which is significantly lower than the US median value of $338,100. Despite the difference in values, both markets have seen similar levels of appreciation over the last year with Ogle's house appreciation at 7.75%, only slightly below the US average of 8.27%. This indicates that the local economy and housing market are healthy and stable despite uncertainties nationwide.
The median home cost in Ogle County is $172,700. Home appreciation the last 10 years has been 50.4%. Home Appreciation in Ogle County is up 14.1%.
Average Age of Homes
- The median age of Ogle County real estate is 49 years old
The Rental Market in Ogle County
- Renters make up 22.3% of the Ogle County population
- 1.0% of houses and apartments in Ogle 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.