The housing market in Jacksonville, IL Metro Area is a great place to invest. The median value for a house in the region is $104,600, which is significantly lower than the US median value of $338,100. Furthermore, over the past year house appreciation has grown by 18.98%, which is much higher than the national average of 8.27%. This makes it an attractive option for those looking for a sound investment opportunity that will yield a great return on their money.
The median home cost in Jacksonville Metro Area is $104,600. Home appreciation the last 10 years has been 37.5%. Home Appreciation in Jacksonville Metro Area is up 11.6%.
Average Age of Homes
- The median age of Jacksonville Metro Area real estate is 53 years old
The Rental Market in Jacksonville Metro Area
- Renters make up 26.7% of the Jacksonville Metro Area population
- 1.3% of houses and apartments in Jacksonville 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.