The housing market in Iowa, LA is quite attractive, with the median home value sitting at $216,800. This is significantly lower than the US median home value of $338,100. The US house appreciation rate over the past year was 8.27%, while the appreciation rate in Iowa, LA for the same period was 6.09%. This suggests that there are good opportunities for investment in real estate in this area, although it may be worthwhile to research further before making any commitments.
The median home cost in Iowa is $216,800. Home appreciation the last 10 years has been 54.1%. Home Appreciation in Iowa is up 11.0%.
Average Age of Homes
- The median age of Iowa real estate is 37 years old
The Rental Market in Iowa
- Renters make up 26.2% of the Iowa population
- 1.2% of houses and apartments in Iowa, 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.