Packwood, IA is a small town in Iowa with a median housing value of $128,400. This is significantly lower than the US median housing value of $338,100. However, Packwood has seen a higher appreciation rate in the last year than the rest of the US at 11.61% compared to 8.27%. This means that despite having a lower median house value than the US average, Packwood's housing market has experienced greater growth over the last year and could provide potential buyers with an opportunity to purchase a home at a relatively affordable price.
The median home cost in Packwood is $128,400. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Packwood is up 15.1%.
Average Age of Homes
- The median age of Packwood real estate is 59 years old
The Rental Market in Packwood
- Renters make up 19.5% of the Packwood population
- 0.0% of houses and apartments in Packwood, 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.