The housing market in Correctionville, IA is doing well compared to the rest of the United States. The median value for houses in Correctionville is $137,500, which is much lower than the US median value of $338,100. In addition, the housing appreciation rate over the past year has been 10.62%, significantly higher than the US house appreciation rate of 8.27%. This indicates that houses in Correctionville are increasing in value more quickly than those across America as a whole.
The median home cost in Correctionville is $137,500. Home appreciation the last 10 years has been 72.0%. Home Appreciation in Correctionville is up 12.4%.
Average Age of Homes
- The median age of Correctionville real estate is 72 years old
The Rental Market in Correctionville
- Renters make up 13.3% of the Correctionville population
- 3.3% of houses and apartments in Correctionville, 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.