The housing market in Jefferson, IA is flourishing. The median value of homes there currently stands at $139,400, which is significantly lower than the US median value of $338,100. However, what makes this particularly impressive is that the appreciation rate for homes in Jefferson has been much stronger over the past year, coming in at 10.80%, compared to the 8.27% national figure. This means that homes are appreciating faster and homeowners are seeing greater returns on their investments faster than most other places in the US. It's a great time to invest in Jefferson!
The median home cost in Jefferson is $139,400. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Jefferson is up 16.4%.
Average Age of Homes
- The median age of Jefferson real estate is 57 years old
The Rental Market in Jefferson
- Renters make up 21.1% of the Jefferson population
- 1.2% of houses and apartments in Jefferson, 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.