The housing market in Mitchell, IA is performing well above the national average. The median value of a home in Mitchell is currently $97,300, with the national median being at $338,100. Additionally, the one year house appreciation rate in Mitchell is 11.88%, which is much higher than the 8.27% reported nationally. This indicates that housing in Mitchell is continuing to be a great investment and has been outperforming recent trends across the country.
The median home cost in Mitchell is $97,300. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Mitchell is up 15.9%.
Average Age of Homes
- The median age of Mitchell real estate is 76 years old
The Rental Market in Mitchell
- Renters make up 0.0% of the Mitchell population
- 0.0% of houses and apartments in Mitchell, 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.