Northwood, IA is an attractive market for those looking to purchase a home. The median housing value in the area is $148,900 which is significantly lower than the U.S. median of $338,100. Additionally, in the past year the appreciation rate of houses in Northwood has been 11.88%, higher than the U.S. average of 8.27%. This makes Northwood an ideal place to invest and live with its cheaper prices and impressive returns on investment potential.
The median home cost in Northwood is $148,900. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Northwood is up 15.9%.
Average Age of Homes
- The median age of Northwood real estate is 60 years old
The Rental Market in Northwood
- Renters make up 21.6% of the Northwood population
- 0.0% of houses and apartments in Northwood, 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.