The housing market in Marcus, IA is booming. The median value of homes in Marcus is $158,700, significantly lower than the US median house value of $338,100. Despite the lower value, the 1-year appreciation rate for houses in Marcus is 10.62%, higher than the national average of 8.27%. This increase in home values demonstrates that the market for housing in Marcus is strong and shows no signs of slowing down.
The median home cost in Marcus is $158,700. Home appreciation the last 10 years has been 72.0%. Home Appreciation in Marcus is up 12.4%.
Average Age of Homes
- The median age of Marcus real estate is 64 years old
The Rental Market in Marcus
- Renters make up 17.6% of the Marcus population
- 1.6% of houses and apartments in Marcus, 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.