The housing market in Carpenter, IA is doing very well compared to the US median value. The median value for a house in Carpenter is around $78,800, which is significantly lower than the US median of $338,100. Additionally, over the past year houses in Carperter have appreciated by 11.88%, while the US as a whole has seen an 8.27% appreciation rate. This makes Carpenter a great place to invest and purchase a home if you are looking for an affordable option with high appreciation potential.
The median home cost in Carpenter is $78,800. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Carpenter is up 15.9%.
Average Age of Homes
- The median age of Carpenter real estate is 78 years old
The Rental Market in Carpenter
- Renters make up 8.8% of the Carpenter population
- 0.0% of houses and apartments in Carpenter, 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.