Allerton, IA has seen a strong increase in housing values over the past year, with an appreciation rate of 12.55%. This is significantly higher than the US average of 8.27%. The median house value in Allerton is $111,800, much lower than the US median of $338,100. This provides excellent opportunities for potential home buyers in Allerton as they can purchase a home at a much lower cost and have the potential to gain more equity due to the high appreciation rate.
The median home cost in Allerton is $111,800. Home appreciation the last 10 years has been 63.1%. Home Appreciation in Allerton is up 11.4%.
Average Age of Homes
- The median age of Allerton real estate is 78 years old
The Rental Market in Allerton
- Renters make up 15.4% of the Allerton population
- 3.2% of houses and apartments in Allerton, 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.