The housing market in Balltown, IA is quite healthy. The median value of a house in this area is $206,000, which is significantly lower than the US median value of $338,100. The annual rate of appreciation for houses in Balltown is 11.30%, which is higher than the national average of 8.27%. This indicates that housing prices are rising rapidly in the area and it can be a good time to invest in real estate there. With such affordable housing options and promising returns on investments, Balltown is an ideal place to start or expand your housing portfolio.
The median home cost in Balltown is $206,000. Home appreciation the last 10 years has been 55.3%. Home Appreciation in Balltown is up 13.6%.
Average Age of Homes
- The median age of Balltown real estate is 44 years old
The Rental Market in Balltown
- Renters make up 3.2% of the Balltown population
- 0.0% of houses and apartments in Balltown, 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.