Royal, IA is a great place to buy a home. The median value of homes in Royal is significantly lower than the US housing median value, making it an attractive option for those looking for more affordable housing options. In the past year, the appreciation rate of homes in Royal has also been higher than the US average, at 11.61%, which indicates that investing in real estate in Royal could be a good financial decision. With its lower median value and strong appreciation rate, Royal is an ideal place to live or invest in real estate.
The median home cost in Royal is $83,500. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Royal is up 15.1%.
Average Age of Homes
- The median age of Royal real estate is 66 years old
The Rental Market in Royal
- Renters make up 35.7% of the Royal population
- 1.7% of houses and apartments in Royal, 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.