Frederika, IA is a great place to buy a home with its median house value of $87,800. This is significantly lower than the nationwide median house value of $338,100, making it a great option for those looking for an affordable home. Not only are the prices lower in Frederika compared to the US as a whole, but the 1 year appreciation rate for housing in Frederika is 11.21%, which is higher than the US average of 8.27%. This means that investing in a home here can be even more beneficial as you will likely see an even greater return on your investment.
The median home cost in Frederika is $87,800. Home appreciation the last 10 years has been 51.2%. Home Appreciation in Frederika is up 13.3%.
Average Age of Homes
- The median age of Frederika real estate is 65 years old
The Rental Market in Frederika
- Renters make up 11.9% of the Frederika population
- 0.0% of houses and apartments in Frederika, 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.