The housing market in Bussey, IA is a great example of an area with strong growth potential. The median value of homes in the area is currently at $78,000, which is much lower than the US median value of $338,100. In the past year, the appreciation rate for US houses was 8.27%, while the appreciation rate for houses in Bussey was 12.55%. This indicates that real estate in Bussey may be a better investment compared to the national average and may be a good opportunity for homeowners and investors alike.
The median home cost in Bussey is $78,000. Home appreciation the last 10 years has been 63.1%. Home Appreciation in Bussey is up 11.4%.
Average Age of Homes
- The median age of Bussey real estate is 67 years old
The Rental Market in Bussey
- Renters make up 22.7% of the Bussey population
- 2.4% of houses and apartments in Bussey, 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.