Rochelle Metro Area, IL Housing

The housing market in the Rochelle, IL Metro Area is showing positive growth, with the median value of homes currently being $172,700. This is slightly below the national median value of $338,100, but still much higher than it has been in recent years. Over the last year, the area has seen an appreciation rate of 7.75%, slightly lower than the 8.27% seen nationwide. Despite the slight difference in appreciation rates, homeowners in Rochelle can still feel confident that their home values are on an upward trend.

The median home cost in Rochelle Metro Area is $172,700. Home appreciation the last 10 years has been 50.4%. Home Appreciation in Rochelle Metro Area is up 14.1%.

Average Age of Homes

- The median age of Rochelle Metro Area real estate is 49 years old

The Rental Market in Rochelle Metro Area

- Renters make up 22.3% of the Rochelle Metro Area population
- 1.0% of houses and apartments in Rochelle Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Rochelle, Illinois	United States
	22,637.0	139,647,020.0
	50	42
	$172,700	$338,100
	14.1%	16.6%
	42.4%	57.0%
	50.4%	101.1%
	$21.61	$10.98
	$3,375	$2,690
	66.0%	57.4%
	8.2%	11.2%
	25.7%	31.4%
Vacant Housing
	1.0%	1.9%
	0.2%	0.4%
	1.4%	0.7%
	0.7%	0.4%
	1.3%	3.6%
	3.7%	4.1%
Value of Owner-Occupied Housing
	2.3%	2.6%
	0.9%	2.4%
	2.6%	2.8%
	5.8%	3.9%
	8.5%	4.5%
	26.9%	11.3%
	21.9%	13.0%
	20.1%	20.1%
	6.1%	13.6%
	2.2%	8.3%
	1.8%	9.7%
	0.4%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	11.3%	13.6%
	11.3%	13.6%
	12.4%	13.6%
	9.6%	13.2%
	16.7%	14.8%
	12.4%	13.6%
	10.3%	10.0%
	5.4%	4.7%
	21.9%	12.2%

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