The housing market in Jewell Junction, IA is quite vibrant. The median value of houses in the area is $125,900, which is significantly lower than the US median of $338,100. Despite the price difference, Jewell Junction has seen a healthy 1 year appreciation rate of 10.80%, slightly higher than the US average of 8.27%. This shows that real estate in the area is attractive and still has room for further growth.
The median home cost in Jewell Junction is $125,900. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Jewell Junction is up 16.4%.
Average Age of Homes
- The median age of Jewell Junction real estate is 62 years old
The Rental Market in Jewell Junction
- Renters make up 25.1% of the Jewell Junction population
- 4.2% of houses and apartments in Jewell Junction, 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.