Shipman First-Time Homebuyer Report for October

Shipman is older than the rest of Illinois, with a median age of 37. It's somewhat affluent as well, with a median income of $46,707 per household. The Shipman market is almost exclusively made up of detached homes, currently accounting for 100% overall. Topping the list of best schools in the city is Shipman Elementary School.

Price Range

The median value of homes in Shipman is $90,900, making the area almost identical to others in Illinois. At the same time, the average list price of available homes is presently $106,434.

Curious as to which homes have been getting the most attention in Shipman? These listings have stirred up interest and produced the most views:

$150K   $150K  

Typical Dwelling

The typical dwelling in Shipman is a three-bedroom detached home worth about $99,662. To purchase a similar home, a buyer with good credit and a $19,932 cash down payment could obtain a mortgage with a 3.95% interest rate and a $68 monthly payment. The property tax rate is $12.83 per $1,000 of taxable assessed value.

Get started right now by checking out Shipman homes for sale or reviewing Shipman real estate trends.


Data reported through 10/13/2016

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