The housing market in Russell, IA is doing well with the median home value at $134,300. This is significantly lower than the US median housing value of $338,100. The US 1 year house appreciation rate is 8.27%, however in Russell, IA it is 13.50%. This higher appreciation rate shows that the housing market in Russell is booming and there are great opportunities for investors to capitalize on the market.
The median home cost in Russell is $134,300. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Russell is up 15.8%.
Average Age of Homes
- The median age of Russell real estate is 64 years old
The Rental Market in Russell
- Renters make up 17.6% of the Russell population
- 0.0% of houses and apartments in Russell, 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.