The housing market in Sibley, IA is quite competitive compared to the rest of the United States. The median value of a house in Sibley is $127,000 whereas the US median value is $338,100. Furthermore, the one year appreciation rate of houses in Sibley is 11.61%, which is higher than the 8.27% rate for the whole country. This indicates that people are interested in investing in property located in this region and therefore driving up its price. It appears that buying a house in Sibley would be an excellent investment for those looking to buy real estate at low prices but still make money off appreciation rates.
The median home cost in Sibley is $127,000. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Sibley is up 15.1%.
Average Age of Homes
- The median age of Sibley real estate is 58 years old
The Rental Market in Sibley
- Renters make up 28.9% of the Sibley population
- 2.1% of houses and apartments in Sibley, 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.