Nora Springs, IA is a great place to live with an affordable housing market. The median value of a house in Nora Springs is $154,000 compared to the US house median value of $338,100. In the past year, the US house appreciation rate has been 8.27%, while in Nora Springs it's 11.88%. This makes Nora Springs an excellent choice for those looking to purchase a home and benefit from greater appreciation than the average nationwide.
The median home cost in Nora Springs is $154,000. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Nora Springs is up 15.9%.
Average Age of Homes
- The median age of Nora Springs real estate is 61 years old
The Rental Market in Nora Springs
- Renters make up 20.3% of the Nora Springs population
- 3.7% of houses and apartments in Nora Springs, 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.