Eldora, IA has a median home value of $84,400, much lower than the US median at $338,100. Despite this difference in cost, the Eldora housing market is booming with house appreciation over the past year at 11.21%, almost 3% higher than the US average of 8.27%. It is clear that many people are investing in the Eldora housing market due to its relative affordability and potential for growth.
The median home cost in Eldora is $84,400. Home appreciation the last 10 years has been 51.2%. Home Appreciation in Eldora is up 13.3%.
Average Age of Homes
- The median age of Eldora real estate is 63 years old
The Rental Market in Eldora
- Renters make up 23.8% of the Eldora population
- 4.9% of houses and apartments in Eldora, 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.