Parkersburg, IA is a great place to live for those looking to invest in real estate. The median value of houses in the area is $190,000, which is significantly lower than the US median value of $338,100. In the past year, the US housing appreciation rate was 8.27%, but Parkersburg experienced an even bigger jump with an 11.21% increase in house values. Given this data, investing in real estate in Parkersburg can be a wise move for those looking for potential returns on their investments - both short-term and long-term.
The median home cost in Parkersburg is $190,000. Home appreciation the last 10 years has been 51.2%. Home Appreciation in Parkersburg is up 13.3%.
Average Age of Homes
- The median age of Parkersburg real estate is 45 years old
The Rental Market in Parkersburg
- Renters make up 21.2% of the Parkersburg population
- 9.2% of houses and apartments in Parkersburg, 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.