Housing in Ames, IA is currently quite valuable. The median value of a house in Ames is $239,100, which is much lower than the US median house value of $338,100. However, what Ames lacks in initial cost it more than makes up for in appreciation. In the past year alone, house values have appreciated by 12.55%, far outpacing the national average of 8.27%. This high rate of appreciation means that homeowners in Ames are likely to see their investments increase significantly over time.
The median home cost in Ames is $239,100. Home appreciation the last 10 years has been 63.1%. Home Appreciation in Ames is up 11.4%.
Average Age of Homes
- The median age of Ames real estate is 34 years old
The Rental Market in Ames
- Renters make up 56.3% of the Ames population
- 4.4% of houses and apartments in Ames, 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.