The housing market in Woodford, IL County is thriving, with a median value of $181,200 that is significantly lower than the nation's median value of $338,100. This discrepancy creates an attractive prospect for potential buyers in the area as they can get more bang for their buck. Furthermore, in the past year house appreciation in Woodford County was 12.66%, compared to an 8.27% appreciation nationally, indicating that this trend of increasing property values is likely to continue. All these factors make Woodford an ideal place for buying or investing in real estate.
The median home cost in Woodford County is $181,200. Home appreciation the last 10 years has been 30.8%. Home Appreciation in Woodford County is up 10.0%.
Average Age of Homes
- The median age of Woodford County real estate is 43 years old
The Rental Market in Woodford County
- Renters make up 17.7% of the Woodford County population
- 0.9% of houses and apartments in Woodford 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.