The housing market in Montezuma, IA is generally doing well. The median value of a house in Montezuma currently stands at $260,800, which is significantly lower than the national median value of $338,100. In addition, the 1 year house appreciation in Montezuma has been higher than the US average by 2.53%, with an appreciation rate of 10.80%. This indicates that people are investing in housing in Montezuma and that property values have been rising over the past year.
The median home cost in Montezuma is $260,800. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Montezuma is up 16.4%.
Average Age of Homes
- The median age of Montezuma real estate is 66 years old
The Rental Market in Montezuma
- Renters make up 30.7% of the Montezuma population
- 2.5% of houses and apartments in Montezuma, 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.