The housing market in the Dixon, IL Metro Area is quite strong. The median value of houses in the area is $133,400, which is significantly lower than the US House Median Value of $338,100. Although the US House Appreciation rate for the past year was 8.27%, the appreciation rate for houses in Dixon, IL Metro Area was slightly lower at 7.05%. This indicates that buyers are able to find great deals and reasonable prices when looking for a home in this area. Additionally, much of the housing stock has appreciated over the past year, making it a good time to purchase property here.
The median home cost in Dixon Metro Area is $133,400. Home appreciation the last 10 years has been 47.8%. Home Appreciation in Dixon Metro Area is up 13.0%.
Average Age of Homes
- The median age of Dixon Metro Area real estate is 60 years old
The Rental Market in Dixon Metro Area
- Renters make up 23.1% of the Dixon Metro Area population
- 1.7% of houses and apartments in Dixon 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.