The housing market in Iowa Falls, IA is on the rise. The median value of a house in the area is $114,100, which is considerably lower than the US median of $338,100. In addition, the 1 year appreciation rate for houses in Iowa Falls is 10.80%, which is higher than the US rate of 8.27%. This indicates that now may be a great time to invest in real estate in Iowa Falls. With housing prices still relatively low and rising quickly, there are plenty of opportunities to find an affordable home or investment property with potential for longterm growth and stability.
The median home cost in Iowa Falls is $114,100. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Iowa Falls is up 16.4%.
Average Age of Homes
- The median age of Iowa Falls real estate is 63 years old
The Rental Market in Iowa Falls
- Renters make up 25.4% of the Iowa Falls population
- 2.2% of houses and apartments in Iowa Falls, 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.