The housing market in Dedham, IA is looking promising. The median value of a house there is currently $159,000, much lower than the national median of $338,100. This means that Dedham has more affordable options available for prospective buyers. Additionally, the US house appreciation in one year has been 8.27%, but in Dedham it is 11.61%. This increased rate of appreciation gives buyers an added incentive to invest in the area as their investments are likely to increase in value over time. With its reasonable prices and high appreciation rates, it's no surprise that Dedham's housing market is on the rise!
The median home cost in Dedham is $159,000. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Dedham is up 15.1%.
Average Age of Homes
- The median age of Dedham real estate is 62 years old
The Rental Market in Dedham
- Renters make up 6.5% of the Dedham population
- 0.0% of houses and apartments in Dedham, 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.