Deloit, IA has a median housing value of $117,700 which is significantly lower than the US house median value of $338,100. Despite this difference in value, the 1 year house appreciation rate in Deloit is higher than the national average at 11.61%. This shows that despite its lower starting value, Deloit is still experiencing a strong housing market and making up ground with the rest of the country. It appears to be an ideal place to invest in real estate.
The median home cost in Deloit is $117,700. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Deloit is up 15.1%.
Average Age of Homes
- The median age of Deloit real estate is 47 years old
The Rental Market in Deloit
- Renters make up 30.6% of the Deloit population
- 3.7% of houses and apartments in Deloit, 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.