Houghton, IA is a perfect example of the housing market's current success. The median value of homes in the area is $155,300, which is significantly lower than the US house median value of $338,100. Despite this difference, Houghton has seen an impressive 1 year house appreciation rate of 11.61%, which surpasses the national average of 8.27%. This indicates that not only are homes in the area becoming more valuable, but also that Houghton is an attractive market for homebuyers looking for a good return on their investment.
The median home cost in Houghton is $155,300. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Houghton is up 15.1%.
Average Age of Homes
- The median age of Houghton real estate is 54 years old
The Rental Market in Houghton
- Renters make up 13.0% of the Houghton population
- 0.0% of houses and apartments in Houghton, 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.