Larchwood, IA has a median housing value of $253,700 which is substantially lower than the US median housing value of $338,100. Despite this difference in value, Larchwood has seen a higher rate of house appreciation over the past year with an 11.61% increase compared to the US average of 8.27%. This makes Larchwood an attractive option for prospective homeowners who are looking for a combination of affordable home prices and relatively high appreciation rates.
The median home cost in Larchwood is $253,700. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Larchwood is up 15.1%.
Average Age of Homes
- The median age of Larchwood real estate is 44 years old
The Rental Market in Larchwood
- Renters make up 11.0% of the Larchwood population
- 2.9% of houses and apartments in Larchwood, 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.