Riceville, IA is a great place to live due to its affordable housing market. The median value of homes in Riceville is only $161,500, which is significantly lower than the US median house value of $338,100. This provides an excellent opportunity for prospective buyers who are looking for an affordable home purchase. In addition to affordability, the housing appreciation rate in Riceville over the past year was 11.88%, higher than the national 1-year house appreciation rate of 8.27%. This indicates that investing in a home in Riceville will continue to be a worthwhile and profitable venture.
The median home cost in Riceville is $161,500. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Riceville is up 15.9%.
Average Age of Homes
- The median age of Riceville real estate is 72 years old
The Rental Market in Riceville
- Renters make up 13.8% of the Riceville population
- 0.0% of houses and apartments in Riceville, 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.