The housing market in Bernard, IA is much more affordable than the US average, with the median value of a home being $206,200. Despite this, the area has seen an even higher appreciation rate in the last year, with an 11.30% increase compared to the 8.27% national average. This means that homes in Bernard are increasing in value faster than in other areas of the country and is likely due to increased demand from buyers searching for more affordable housing options.
The median home cost in Bernard is $206,200. Home appreciation the last 10 years has been 55.3%. Home Appreciation in Bernard is up 13.6%.
Average Age of Homes
- The median age of Bernard real estate is 42 years old
The Rental Market in Bernard
- Renters make up 19.6% of the Bernard population
- 0.0% of houses and apartments in Bernard, 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.