The housing market in Moravia, IA has been doing exceptionally well compared to the national average. The median value of housing inMoravia is $151,500, which is much less than the US House Median Value which is $338,100. This represents a great opportunity for those looking for reasonably priced homes with potential for growth. In the last year alone, the US House Appreciation rate was 8.27%, however in Moravia it was 11.61%, indicating a higher rate of growth and stability. This strong market can make Moravia an attractive investment destination for those looking to purchase a home or invest in real estate.
The median home cost in Moravia is $151,500. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Moravia is up 15.1%.
Average Age of Homes
- The median age of Moravia real estate is 55 years old
The Rental Market in Moravia
- Renters make up 19.2% of the Moravia population
- 0.8% of houses and apartments in Moravia, 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.