The housing in Mechanicsville, IA is quite affordable compared to the US median value. The current median value of a home in Mechanicsville is $176,000, which is significantly lower than the US median value of $338,100. In the past year alone, the US house appreciation has increased by 8.27%, while house appreciation in Mechanicsville has been slower at 4.75%. This makes it an attractive option for those looking to buy a home that won't break the bank.
The median home cost in Mechanicsville is $176,000. Home appreciation the last 10 years has been 52.9%. Home Appreciation in Mechanicsville is up 11.4%.
Average Age of Homes
- The median age of Mechanicsville real estate is 63 years old
The Rental Market in Mechanicsville
- Renters make up 18.2% of the Mechanicsville population
- 2.5% of houses and apartments in Mechanicsville, 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.