Housing in Macedonia, IA is quite affordable compared to the national average. The Median Value of a house in Macedonia, IA is $161,500 which is significantly lower than the US House Median Value of $338,100. Despite this disparity, housing in Macedonia has seen notable appreciation in the last year with an increase of 15.23%, which is higher than the national appreciation rate of 8.27%. This suggests that real estate in this area is a great investment option and could offer good returns for potential buyers looking for an affordable option.
The median home cost in Macedonia is $161,500. Home appreciation the last 10 years has been 69.7%. Home Appreciation in Macedonia is up 15.4%.
Average Age of Homes
- The median age of Macedonia real estate is 69 years old
The Rental Market in Macedonia
- Renters make up 20.0% of the Macedonia population
- 0.0% of houses and apartments in Macedonia, 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.