The housing market in West Union, IA is quite healthy. The median value of homes in the area is $112,200, which is significantly lower than the US median home value of $338,100. Additionally, the one year house appreciation rate in West Union is 11.61%, which is higher than the national average of 8.27%. This indicates that the market for housing in West Union is performing well and homes are increasing in value at a good rate.
The median home cost in West Union is $112,200. Home appreciation the last 10 years has been 63.9%. Home Appreciation in West Union is up 15.1%.
Average Age of Homes
- The median age of West Union real estate is 60 years old
The Rental Market in West Union
- Renters make up 26.5% of the West Union population
- 5.2% of houses and apartments in West Union, 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.