Traer, IA is a great place to live with a median housing value of $153,900. This is significantly lower than the United States median housing value of $338,100, making it an affordable option for those looking to buy. In addition, Traer's one year house appreciation rate is 11.21%, which is higher than the US average of 8.27%. With its favorable market conditions and lower cost of living, Traer is an ideal location for anyone looking for a place to call home.
The median home cost in Traer is $153,900. Home appreciation the last 10 years has been 51.2%. Home Appreciation in Traer is up 13.3%.
Average Age of Homes
- The median age of Traer real estate is 65 years old
The Rental Market in Traer
- Renters make up 31.5% of the Traer population
- 1.1% of houses and apartments in Traer, 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.