Red Bud, IL is a great place to live with a median home value of $185,600. This is significantly lower than the US House median value of $338,100. In the past year, the US House has appreciated by 8.27%, but Red Bud homes have appreciated by an even higher rate of 10.25%. This means that not only can you get more house for your money in Red Bud, but it's also an excellent time to invest in Real Estate since prices are on the rise.
The median home cost in Red Bud is $185,600. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Red Bud is up 12.4%.
Average Age of Homes
- The median age of Red Bud real estate is 40 years old
The Rental Market in Red Bud
- Renters make up 19.3% of the Red Bud population
- 0.4% of houses and apartments in Red Bud, 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.