The housing market in Gray, IA is experiencing growth and appreciation. According to the data given, the median value of housing in Gray, IA is $69,900 while the US house median value is $338,100. The US 1 year house appreciation rate is 8.27%, however, the appreciation rate for houses in Gray, IA is 10.89%. This higher than average appreciation rate indicates that housing in Gray, IA has been increasing in value quicker than the national average and may be a good investment opportunity for those looking to buy a home or property in this area.
The median home cost in Gray is $69,900. Home appreciation the last 10 years has been 65.4%. Home Appreciation in Gray is up 16.2%.
Average Age of Homes
- The median age of Gray real estate is 78 years old
The Rental Market in Gray
- Renters make up 21.2% of the Gray population
- 0.0% of houses and apartments in Gray, 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.