The housing market in Iowa State is very promising, with a median house value of $194,900 and an annual appreciation rate of 9.45%. This is higher than the US average of 8.27% and the US median value of $338,100. Properties in the state are a great investment and offer a lot of potential for growth. For those looking for a new place to call home or to invest, Iowa State may be worth considering.
The median home cost in Iowa is $194,900. Home appreciation the last 10 years has been 61.3%. Home Appreciation in Iowa is up 13.6%.
Average Age of Homes
- The median age of Iowa real estate is 49 years old
The Rental Market in Iowa
- Renters make up 25.8% of the Iowa population
- 1.8% of houses and apartments in Iowa, 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.