The housing market in Redfield, IA is thriving. The median value of a house in Redfield is $194,500, which is much lower than the US median value of $338,100. Interestingly, over the last year, the appreciation rate for houses in Redfield is 13.50%, significantly higher than the 8.27% appreciation rate of houses in the US as a whole. This demonstrates that the housing market in Redfield is robust and appealing to prospective buyers and investors alike.
The median home cost in Redfield is $194,500. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Redfield is up 15.8%.
Average Age of Homes
- The median age of Redfield real estate is 78 years old
The Rental Market in Redfield
- Renters make up 22.7% of the Redfield population
- 2.6% of houses and apartments in Redfield, 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.