Carter Lake, IA is a great place to invest in housing as the median value is significantly lower than the US average. In the past year, the house appreciation rate in Carter Lake, IA has been 15.23%, which is higher than the US average of 8.27%. With such a great opportunity for growth, now is an ideal time to purchase property or invest in real estate in Carter Lake, IA.
The median home cost in Carter Lake is $157,900. Home appreciation the last 10 years has been 69.7%. Home Appreciation in Carter Lake is up 15.4%.
Average Age of Homes
- The median age of Carter Lake real estate is 51 years old
The Rental Market in Carter Lake
- Renters make up 24.3% of the Carter Lake population
- 1.8% of houses and apartments in Carter Lake, 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.