Swea City, IA is an attractive place to live in terms of housing prices. The median value of a house in Swea City, IA is much lower than the US median at $66,700 compared to $338,100 respectively. This makes it ideal for people looking for a more affordable option. Additionally, the 1 year house appreciation rate in Swea City is higher than the national average at 9.93% compared to 8.27%. This reflects positively on the housing market and shows that houses are rapidly gaining value in Swea City, making it an desirable location for potential homeowners.
The median home cost in Swea City is $66,700. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Swea City is up 14.4%.
Average Age of Homes
- The median age of Swea City real estate is 64 years old
The Rental Market in Swea City
- Renters make up 18.5% of the Swea City population
- 0.0% of houses and apartments in Swea 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.