Portsmouth, IA has a housing median value of $192,000, which is significantly lower than the US median value of $338,100. However, Portsmouth's housing market has appreciated more in the last year than the nation as a whole. The one year house appreciation rate in Portsmouth was 15.23%, compared to 8.27% for the entire US. This shows that Portsmouth is an increasingly attractive place to buy and invest in housing, with property values growing faster than the national average.
The median home cost in Portsmouth is $192,000. Home appreciation the last 10 years has been 69.7%. Home Appreciation in Portsmouth is up 15.4%.
Average Age of Homes
- The median age of Portsmouth real estate is 78 years old
The Rental Market in Portsmouth
- Renters make up 27.5% of the Portsmouth population
- 0.0% of houses and apartments in Portsmouth, 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.