The housing market in the Taylorville, IL Metro Area is performing well compared to the national average. The median value of a home in the area is $95,400, significantly lower than the US median value of $338,100. This makes Taylorville an attractive option for buyers looking for an affordable place to live. In addition, the one-year appreciation rate for homes in Taylorville is 7.96%, which is slightly lower than but still very close to the national average of 8.27%. These figures demonstrate that housing values are growing rapidly in this area and that it remains a desirable place to invest in real estate.
The median home cost in Taylorville Metro Area is $95,400. Home appreciation the last 10 years has been 34.0%. Home Appreciation in Taylorville Metro Area is up 11.6%.
Average Age of Homes
- The median age of Taylorville Metro Area real estate is 59 years old
The Rental Market in Taylorville Metro Area
- Renters make up 23.5% of the Taylorville Metro Area population
- 3.2% of houses and apartments in Taylorville 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.