The housing market in Fort Madison, IA is thriving. The median value of homes in the area is $104,300, which is significantly lower than the US median value of $338,100. In the past year, house appreciation rates have drastically increased by 11.61%, nearly 3% higher than the 8.27% national average for house appreciation. This shows that the real estate market in Fort Madison is a great opportunity for potential buyers and investors looking to purchase property. With such low prices and high appreciation rates, Fort Madison is an ideal place to invest in a home or investment property.
The median home cost in Fort Madison is $104,300. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Fort Madison is up 15.1%.
Average Age of Homes
- The median age of Fort Madison real estate is 78 years old
The Rental Market in Fort Madison
- Renters make up 25.2% of the Fort Madison population
- 3.6% of houses and apartments in Fort Madison, 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.