Albert City, IA has an impressive housing median value of $121,800, which is significantly lower than the US median value of $338,100. In the past year the US housing market has appreciated by 8.27%, while in Albert City it has appreciated by 9.93%. This is great news for current owners and potential buyers looking to purchase property in the area; they can expect a healthy return on their investment over time. The city has become a desirable location to call home with its low cost of living and attractive appreciation rate.
The median home cost in Albert City is $121,800. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Albert City is up 14.4%.
Average Age of Homes
- The median age of Albert City real estate is 64 years old
The Rental Market in Albert City
- Renters make up 20.1% of the Albert City population
- 2.2% of houses and apartments in Albert 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.