The housing market in Mitchellville, IA is showing signs of steady growth, with a median value of $215,300 compared to the US median house value of $338,100. Additionally, the one-year house appreciation rate in Mitchellville is 10.80%, which is higher than the 8.27% appreciation rate for houses across the US. These figures suggest that real estate prices in Mitchellville are increasing at a higher rate than elsewhere in the country. This could be an attractive investment option for those looking to buy or sell a home in this area.
The median home cost in Mitchellville is $215,300. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Mitchellville is up 16.4%.
Average Age of Homes
- The median age of Mitchellville real estate is 50 years old
The Rental Market in Mitchellville
- Renters make up 21.2% of the Mitchellville population
- 0.0% of houses and apartments in Mitchellville, 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.