The housing in Farragut, IA is much more affordable when compared to the national median of $338,100. The median value in Farragut is $145,800, which is almost half the national average. Additionally, the appreciation rate for housing in Farragut over the past year was 11.61%, which is significantly higher than the national average of 8.27%. This makes Farragut an attractive option for those looking to buy a home as they can get one at a much lower cost and with higher appreciation rate than other areas in the country.
The median home cost in Farragut is $145,800. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Farragut is up 15.1%.
Average Age of Homes
- The median age of Farragut real estate is 59 years old
The Rental Market in Farragut
- Renters make up 20.7% of the Farragut population
- 0.0% of houses and apartments in Farragut, 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.