The housing market in the Carbondale-Marion, IL Metro Area is vibrant and growing. The median value of homes in this area is $120,600, significantly lower than the US median home value of $338,100. In the past year, house appreciation in Carbondale-Marion has been 7.73%, slightly lower than the US 1 year appreciation of 8.27%. Despite this minor difference, it is clear that Carbondale-Marion is a desirable place to live with an ever-growing housing market.
The median home cost in Carbondale-Marion Metro Area is $120,600. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Carbondale-Marion Metro Area is up 14.3%.
Average Age of Homes
- The median age of Carbondale-Marion Metro Area real estate is 42 years old
The Rental Market in Carbondale-Marion Metro Area
- Renters make up 31.2% of the Carbondale-Marion Metro Area population
- 3.7% of houses and apartments in Carbondale-Marion 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.