Blue Grass, IA is an attractive housing market due to its higher than average appreciation rate. The median value of homes in Blue Grass is $293,900, which is lower than the US median value of $338,100. However, the 1 year house appreciation rate in Blue Grass is 11.21%, compared to 8.27% nationally- meaning that homeowners in Blue Grass may be able to recoup a greater return on their investment. With such high returns and comparatively low starting prices, Blue Grass may be an ideal place for investors and potential homeowners alike looking for a safe and reliable return on their investments over time.
The median home cost in Blue Grass is $293,900. Home appreciation the last 10 years has been 54.0%. Home Appreciation in Blue Grass is up 12.8%.
Average Age of Homes
- The median age of Blue Grass real estate is 42 years old
The Rental Market in Blue Grass
- Renters make up 9.4% of the Blue Grass population
- 0.7% of houses and apartments in Blue Grass, 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.