The housing market in Tama, IA is considerably lower than the US median value of $338,100. However, it still experienced a modest appreciation rate of 4.75% over the past year, which is close to half of the national average of 8.27%. Those looking for a more affordable housing option may find that Tama, IA offers an attractive alternative with good returns.
The median home cost in Tama is $116,000. Home appreciation the last 10 years has been 52.9%. Home Appreciation in Tama is up 11.4%.
Average Age of Homes
- The median age of Tama real estate is 70 years old
The Rental Market in Tama
- Renters make up 25.8% of the Tama population
- 1.7% of houses and apartments in Tama, 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.