Belmond, IA is a small rural town with a median housing value of $119,800. While this amount is significantly lower than the national median housing value of $338,100, it has seen an impressive 1 year appreciation rate of 11.88%, which is higher than the US 1 year house appreciation rate of 8.27%. This suggests that Belmond's housing market is on an upward trend and could be a great place to invest in real estate for potential buyers looking to benefit from increasing home values.
The median home cost in Belmond is $119,800. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Belmond is up 15.9%.
Average Age of Homes
- The median age of Belmond real estate is 51 years old
The Rental Market in Belmond
- Renters make up 21.8% of the Belmond population
- 3.8% of houses and apartments in Belmond, 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.