The housing market in Knoxville, IA is currently doing well. The median value of a house in Knoxville, IA is $168,800 - significantly lower than the US median value of $338,100. However, it has seen higher appreciation over the last year at 10.80% compared to the US 1 year house appreciation of 8.27%. This indicates that home values in Knoxville are rising at a faster rate than the rest of the country and making homeownership more accessible for those who are interested in purchasing property in the area.
The median home cost in Knoxville is $168,800. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Knoxville is up 16.4%.
Average Age of Homes
- The median age of Knoxville real estate is 51 years old
The Rental Market in Knoxville
- Renters make up 28.3% of the Knoxville population
- 0.9% of houses and apartments in Knoxville, 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.