Melcher-Dallas, IA is home to an affordable housing market with a median value of $95,000. This is significantly lower than the national house median value of $338,100. Despite this price difference, Melcher-Dallas has seen a higher appreciation rate over the last year at 11.44%, compared to the US 1 year house appreciation rate of 8.27%. This makes it an attractive place for those seeking to either buy a home or invest in property in the area.
The median home cost in Melcher-Dallas is $95,000. Home appreciation the last 10 years has been 64.6%. Home Appreciation in Melcher-Dallas is up 14.6%.
Average Age of Homes
- The median age of Melcher-Dallas real estate is 77 years old
The Rental Market in Melcher-Dallas
- Renters make up 19.2% of the Melcher-Dallas population
- 3.4% of houses and apartments in Melcher-Dallas, 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.