2006 Housing Prices Appreciate in Effingham, IL

Real Estate Agent with Effingham Realty, Inc.

The national news is quoting doom and gloom for the housing market and that the bubble has deflated. 

Not true in East Central Illinois.  The housing market appreciated 4.97% in 2006 for Effingham, Illinois.  The average sale price for single family homes is $131,000.

Very affordable housing and a very good area to live in.  I'm looking forward to 2007 being a good year for both sellers and buyers. 

Investors come take a look at Effingham the prices are still appreciating.

Lois Hoene, GRI, Broker Associate

Century 21, Realty Concepts



Comments (2)

Greg Zaccagni
The Federal Savings Bank - Wheaton, IL
Illinois Mortgage Lender

How are things around my old school - EIU?  Is there a strong market for homes being rented by students?

Greg Zaccagni

Jun 28, 2007 03:08 PM
Lois Hoene

The Charleston area is doing very well.  Housing for students is always needed especially good housing. 

My daughters graduated from EIU and it is a very fine university.  If your ever in the area let me know and we can talk abut the housing market.

Jun 29, 2007 12:04 AM