The housing market in Neola, IA has been booming in the last year, as the median value of homes has skyrocketed by 15.23%, far surpassing the 8.27% increase seen across the United States during the same period. The current median value for a house in Neola stands at $226,100, considerably lower than the US median of $338,100 - making it an attractive option for those looking to purchase a home at a competitive price in this desirable location.
The median home cost in Neola is $226,100. Home appreciation the last 10 years has been 69.7%. Home Appreciation in Neola is up 15.4%.
Average Age of Homes
- The median age of Neola real estate is 64 years old
The Rental Market in Neola
- Renters make up 25.0% of the Neola population
- 0.0% of houses and apartments in Neola, 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.