The housing market in Minburn, IA is currently thriving. The median value of homes in this area is $237,200, which is significantly lower than the US median value of $338,100. Despite this disparity, the one-year house appreciation rate in Minburn is 10.80%, which is higher than the national average of 8.27%. This indicates that housing prices are increasing rapidly in Minburn, making it a great place to invest in real estate.
The median home cost in Minburn is $237,200. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Minburn is up 16.4%.
Average Age of Homes
- The median age of Minburn real estate is 70 years old
The Rental Market in Minburn
- Renters make up 21.0% of the Minburn population
- 5.2% of houses and apartments in Minburn, 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.