The housing market in Nevada, IA is vibrant and thriving with a median value of $216,600. This is significantly lower than the US House median value of $338,100, but what stands out even more is that the 1 year house appreciation in Nevada, IA is 13.50%, which is higher than the US 1 year house appreciation rate of 8.27%. These numbers are indicative of a strong real estate market where home values are increasing quickly and steadily. Overall, Nevada, IA's housing market presents an attractive opportunity for potential buyers looking for a great place to invest in real estate.
The median home cost in Nevada is $216,600. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Nevada is up 15.8%.
Average Age of Homes
- The median age of Nevada real estate is 46 years old
The Rental Market in Nevada
- Renters make up 25.3% of the Nevada population
- 0.8% of houses and apartments in Nevada, 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.