Renwick, IA is a great area for housing, with a median value of $87,000. This is drastically lower than the national median of $338,100. Despite this lower price point, Renwick has seen an impressive appreciation rate of 9.93% in the last year, which is higher than the national average of 8.27%. With such a low cost of entry and high rate of appreciation, Renwick is an attractive option for potential homeowners looking to get the most out of their investment.
The median home cost in Renwick is $87,000. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Renwick is up 14.4%.
Average Age of Homes
- The median age of Renwick real estate is 67 years old
The Rental Market in Renwick
- Renters make up 21.2% of the Renwick population
- 2.6% of houses and apartments in Renwick, 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.