The housing market in Cumming, IA is strong and growing. The median value for housing in the city is currently $468,300, which is substantially higher than the US median of $338,100. Additionally, in the past year there has been a 12.55% appreciation rate in Cumming, compared to the 8.27% nationwide appreciation rate. This makes Cumming an attractive place for people looking to invest in real estate and shows that the market is healthy and growing.
The median home cost in Cumming is $468,300. Home appreciation the last 10 years has been 63.1%. Home Appreciation in Cumming is up 11.4%.
Average Age of Homes
- The median age of Cumming real estate is 16 years old
The Rental Market in Cumming
- Renters make up 5.2% of the Cumming population
- 0.0% of houses and apartments in Cumming, 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.