The housing market in Eldridge, IA is robust and growing. The median value for a house is $279,400, which is significantly lower than the US median of $338,100. Over the past year, the US house appreciation rate was 8.27%, compared to 11.21% in Eldridge, IA. This indicates that the housing market in Eldridge has been outpacing the national rates of growth over the past year. With more affordable houses and higher appreciation rates than many other parts of the country, Eldridge is an ideal place to purchase or invest in real estate.
The median home cost in Eldridge is $279,400. Home appreciation the last 10 years has been 54.0%. Home Appreciation in Eldridge is up 12.8%.
Average Age of Homes
- The median age of Eldridge real estate is 25 years old
The Rental Market in Eldridge
- Renters make up 26.4% of the Eldridge population
- 4.0% of houses and apartments in Eldridge, 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.