Farnhamville, IA has a median housing value of $105,200, which is significantly lower than the US median of $338,100. However, in the last year the appreciation rate for housing in Farnhamville was 9.93%, higher than the national average of 8.27%. This is indicative of a healthy and growing real estate market in Farnhamville that should continue to offer good value for potential home buyers.
The median home cost in Farnhamville is $105,200. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Farnhamville is up 14.4%.
Average Age of Homes
- The median age of Farnhamville real estate is 60 years old
The Rental Market in Farnhamville
- Renters make up 26.3% of the Farnhamville population
- 2.1% of houses and apartments in Farnhamville, 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.