Fairbanks, IA is a great place to find a home, with its median house value at $194,600. This is significantly lower than the national median house value of $338,100, making it a great place to invest in property. The house value in Fairbank has also appreciated by 11.21% over the past year, which is higher than the US average appreciation of 8.27%. With this combination of affordability and appreciation, Fairbanks offers an excellent opportunity for anyone looking to purchase a home.
The median home cost in Fairbank is $194,600. Home appreciation the last 10 years has been 51.2%. Home Appreciation in Fairbank is up 13.3%.
Average Age of Homes
- The median age of Fairbank real estate is 46 years old
The Rental Market in Fairbank
- Renters make up 18.8% of the Fairbank population
- 2.5% of houses and apartments in Fairbank, 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.