The housing market in Iota Flat, ND is currently doing quite well compared to the rest of the United States. The median value of a home in Iota Flat is $265,600, which is significantly lower than the US median of $338,100. However, over the past year, the appreciation rate for homes in Iota Flat has been 9.41%, higher than the national average of 8.27%. This means that not only are homes more affordable in Iota Flat but they are also increasing in value faster than those elsewhere around the country.
The median home cost in Iota Flat is $265,600. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Iota Flat is up 10.5%.
Average Age of Homes
- The median age of Iota Flat real estate is 52 years old
The Rental Market in Iota Flat
- Renters make up 0.0% of the Iota Flat population
- 0.0% of houses and apartments in Iota Flat, 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.