The housing market in Denmark, IA is an attractive one for potential buyers. The median value of homes in Denmark is $185,300, a significantly lower cost than the US median of $338,100. Additionally, the 1 year house appreciation rate in Denmark is 11.61%, higher than the US average of 8.27%. Clearly, this makes buying a home in Denmark more appealing to prospective buyers and could be a sound investment.
The median home cost in Denmark is $185,300. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Denmark is up 15.1%.
Average Age of Homes
- The median age of Denmark real estate is 50 years old
The Rental Market in Denmark
- Renters make up 10.7% of the Denmark population
- 0.0% of houses and apartments in Denmark, 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.