The housing market in Charter Oak, IA is faring better than the national average. The median value of houses in the area is $105,900, which is significantly lower than the US median of $338,100. This can be especially beneficial for first-time home buyers or those looking for an affordable investment. On top of that, house appreciation over the past year has been 11.61%, which is much higher than the US 1 year house appreciation rate of 8.27%. These figures demonstrate that Charter Oak's housing market is robust and holds a great potential for profits for buyers and sellers alike.
The median home cost in Charter Oak is $105,900. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Charter Oak is up 15.1%.
Average Age of Homes
- The median age of Charter Oak real estate is 78 years old
The Rental Market in Charter Oak
- Renters make up 13.4% of the Charter Oak population
- 2.8% of houses and apartments in Charter Oak, 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.