Silver City, IA is an attractive area for those looking to invest in housing as it has a median value of $261,200, which is significantly lower than the US median value of $338,100. Additionally, Silver City has seen a 15.23% appreciation rate over the past year compared to the US which saw only 8.27%. This means investors are seeing a great return on their investments and the housing market in Silver City looks set to continue growing in future years.
The median home cost in Silver City is $261,200. Home appreciation the last 10 years has been 69.7%. Home Appreciation in Silver City is up 15.4%.
Average Age of Homes
- The median age of Silver City real estate is 78 years old
The Rental Market in Silver City
- Renters make up 7.4% of the Silver City population
- 0.0% of houses and apartments in Silver City, 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.