Brooklyn, IA is a great place to purchase a home thanks to its attractive housing median value of $165,000. Compared to the US house median value of $338,100, Brooklyn presents an excellent opportunity for potential home buyers looking for an affordable option. The US 1 year house appreciation rate was 8.27%, while Brooklyn's rate was just slightly lower at 8.03%. This shows that the housing market in Brooklyn is still on the rise and makes it a great option for those interested in investing in property.
The median home cost in Brooklyn is $165,000. Home appreciation the last 10 years has been 53.6%. Home Appreciation in Brooklyn is up 14.4%.
Average Age of Homes
- The median age of Brooklyn real estate is 64 years old
The Rental Market in Brooklyn
- Renters make up 29.0% of the Brooklyn population
- 0.0% of houses and apartments in Brooklyn, 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.