The housing market in Kinross, IA is quite different from the US average. The median house value in Kinross is $56,400; significantly less than the US median of $338,100. Additionally, while the US has seen an 8.27% appreciation rate for houses over the past year, Kinross has seen a smaller 4.75%. This suggests that house prices are increasing at a slower rate in Kinross compared to other parts of the country. Despite this disparity, overall home prices have seen some growth which is encouraging for residents and investors alike.
The median home cost in Kinross is $56,400. Home appreciation the last 10 years has been 52.9%. Home Appreciation in Kinross is up 11.4%.
Average Age of Homes
- The median age of Kinross real estate is 78 years old
The Rental Market in Kinross
- Renters make up 3.8% of the Kinross population
- 0.0% of houses and apartments in Kinross, 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.