Effingham Metro Area, IL Housing

The housing market in the Effingham, IL Metro Area is thriving. The median value of homes in this area is quite a bit lower than the US median value at $175,300. However, the one year appreciation rate for houses is only slightly lower than the US average at 7.96%. This indicates that the area has seen an increase in home values and that it is a good place to invest in property. Overall, this area presents a great opportunity for people looking to purchase real estate.

The median home cost in Effingham Metro Area is $175,300. Home appreciation the last 10 years has been 47.0%. Home Appreciation in Effingham Metro Area is up 9.4%.

Average Age of Homes

- The median age of Effingham Metro Area real estate is 41 years old

The Rental Market in Effingham Metro Area

- Renters make up 19.0% of the Effingham Metro Area population
- 1.5% of houses and apartments in Effingham 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	Effingham, Illinois	United States
	15,237.0	139,647,020.0
	44	42
	$175,300	$338,100
	9.4%	16.6%
	34.8%	57.0%
	47.0%	101.1%
	$15.97	$10.98
	$2,524	$2,690
	71.0%	57.4%
	7.4%	11.2%
	21.6%	31.4%
Vacant Housing
	1.5%	1.9%
	0.0%	0.4%
	1.4%	0.7%
	0.1%	0.4%
	2.0%	3.6%
	2.4%	4.1%
Value of Owner-Occupied Housing
	3.6%	2.6%
	3.5%	2.4%
	4.3%	2.8%
	7.3%	3.9%
	8.7%	4.5%
	18.5%	11.3%
	17.9%	13.0%
	22.0%	20.1%
	5.8%	13.6%
	3.3%	8.3%
	3.4%	9.7%
	0.7%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	10.2%	13.6%
	10.2%	13.6%
	15.0%	13.6%
	12.5%	13.2%
	16.8%	14.8%
	15.0%	13.6%
	8.9%	10.0%
	4.9%	4.7%
	14.8%	12.2%

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