Housing in Randolph, IA is very affordable compared to the US average. The median value of housing in Randolph, IA is $131,900 which is well below the US median of $338,100. Furthermore, house appreciation in Randolph has been on the rise over the past year, with an 11.61% increase compared to the national average of 8.27%. This means that investments in housing can yield a higher rate of return in Randolph than elsewhere in the country. Coupled with the already low cost of living, this makes Randolph an attractive option for those looking to purchase property and invest in real estate.
The median home cost in Randolph is $131,900. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Randolph is up 15.1%.
Average Age of Homes
- The median age of Randolph real estate is 78 years old
The Rental Market in Randolph
- Renters make up 17.2% of the Randolph population
- 5.3% of houses and apartments in Randolph, 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.