The housing market in Paton, IA has been booming lately. The median value of a house is $123,100, which is much lower than the US House Median Value of $338,100. This makes Paton an attractive location for potential buyers. Additionally, the housing appreciation in Paton over the past year has been 13.50%, much higher than the US 1 year House Appreciation of 8.27%. This impressive rate of appreciation indicates that prices will continue to rise in this area in the future and makes it a great place to invest in real estate.
The median home cost in Paton is $123,100. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Paton is up 15.8%.
Average Age of Homes
- The median age of Paton real estate is 70 years old
The Rental Market in Paton
- Renters make up 22.8% of the Paton population
- 0.0% of houses and apartments in Paton, 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.