Runnells, IA is a great place to invest in housing. With a median value of $325,900, it is slightly lower than the overall US median value of $338,100. The 1 year house appreciation in Runnells is 13.50%, much higher than the 8.27% US house appreciation rate over the same period. It appears that housing in Runnells holds its value and appreciates more quickly compared to national averages. Investing in a home in this area could be a great opportunity for those looking to build their wealth or find a new home.
The median home cost in Runnells is $325,900. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Runnells is up 15.8%.
Average Age of Homes
- The median age of Runnells real estate is 51 years old
The Rental Market in Runnells
- Renters make up 24.3% of the Runnells population
- 0.0% of houses and apartments in Runnells, 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.