The housing market in Danbury, IA is thriving. The median value of homes in the area is $153,200, significantly lower than the US median value of $338,100. Additionally, in the past year appreciation has been higher in Danbury than across the whole country at 10.62%, compared to 8.27% nationwide. This indicates that the housing market in Danbury is stronger than the national average and may be a good option for potential homebuyers looking for an affordable place to live.
The median home cost in Danbury is $153,200. Home appreciation the last 10 years has been 72.0%. Home Appreciation in Danbury is up 12.4%.
Average Age of Homes
- The median age of Danbury real estate is 68 years old
The Rental Market in Danbury
- Renters make up 19.4% of the Danbury population
- 3.0% of houses and apartments in Danbury, 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.