New Sharon, IA is a vibrant city with an excellent housing market. The median value for a house in New Sharon is $170,400, which is significantly lower than the US house median value of $338,100. However, New Sharon has seen a 1 year house appreciation rate of 13.50%, which is higher than the national rate of 8.27%. This makes New Sharon an attractive place to consider purchasing a home.
The median home cost in New Sharon is $170,400. Home appreciation the last 10 years has been 68.7%. Home Appreciation in New Sharon is up 15.8%.
Average Age of Homes
- The median age of New Sharon real estate is 56 years old
The Rental Market in New Sharon
- Renters make up 20.4% of the New Sharon population
- 1.6% of houses and apartments in New Sharon, 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.