The housing market in Simpson, IL is relatively stable. The median value of homes in the area is $141,600, which is less than the US House median value of $338,100. Despite this difference, there has been a similar appreciation rate for homes in the area as compared to national trends with 8.05% appreciation over the past year. This makes Simpson an attractive place for potential homebuyers who are looking for a stable market with good long-term prospects.
The median home cost in Simpson is $141,600. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Simpson is up 14.3%.
Average Age of Homes
- The median age of Simpson real estate is 42 years old
The Rental Market in Simpson
- Renters make up 2.9% of the Simpson population
- 0.0% of houses and apartments in Simpson, 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.