Cincinnati, IA is a great place to buy a home. The median value of housing in Cincinnati is $91,700, making it an affordable option compared to the national median value of $338,100. Furthermore, the 1 year house appreciation rate in Cincinnati is 11.61%, which is noticeably higher than the national average of 8.27%. This makes investing in a property in Cincinnati even more attractive since homeowners can expect their property values to continue to increase over time.
The median home cost in Cincinnati is $91,700. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Cincinnati is up 15.1%.
Average Age of Homes
- The median age of Cincinnati real estate is 55 years old
The Rental Market in Cincinnati
- Renters make up 11.3% of the Cincinnati population
- 0.0% of houses and apartments in Cincinnati, 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.