The housing market in Malcom, IA is thriving compared to the national average. The median value of a home in Malcom, IA is $195,300, which is lower than the US House Median Value of $338,100. However, the 1 year house appreciation rate in Malcom, IA was 10.8%, much higher than the US 1 year house appreciation rate of 8.27%. This indicates that investing in housing in Malcom, IA is a good investment and will likely continue to appreciate at a fast rate.
The median home cost in Malcom is $195,300. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Malcom is up 16.4%.
Average Age of Homes
- The median age of Malcom real estate is 61 years old
The Rental Market in Malcom
- Renters make up 18.5% of the Malcom population
- 1.7% of houses and apartments in Malcom, 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.