Ossian, IA is a great place to live and invest in real estate. The median value of housing in Ossian is $195,200, which is significantly lower than the US house median value of $338,100. However, the 1 year appreciation rate for houses has been higher in Ossian at 11.61%, which is 3.34 percentage points higher than the national average of 8.27%. This provides a great opportunity for individuals looking to purchase a home or invest in real estate as there is significant potential for long-term growth in property values.
The median home cost in Ossian is $195,200. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Ossian is up 15.1%.
Average Age of Homes
- The median age of Ossian real estate is 78 years old
The Rental Market in Ossian
- Renters make up 17.5% of the Ossian population
- 1.3% of houses and apartments in Ossian, 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.