Housing in University Park, IA is quite affordable compared to the national average. The median value of housing in University Park is $105,500, which is significantly lower than the US median of $338,100. Additionally, University Park has seen a higher-than-average appreciation rate for housing over the past year at 11.61%, compared to 8.27% nationally. This means that property values have risen significantly over this period and can be a great investment opportunity for potential buyers looking for an affordable option in Iowa.
The median home cost in University Park is $105,500. Home appreciation the last 10 years has been 63.9%. Home Appreciation in University Park is up 15.1%.
Average Age of Homes
- The median age of University Park real estate is 66 years old
The Rental Market in University Park
- Renters make up 45.0% of the University Park population
- 0.0% of houses and apartments in University Park, 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.