The housing market in Victor, IA is quite attractive for buyers. The median value of a house in the town is $147,800, which is much lower than the US median value of $338,100. Although the 1 year appreciation rate of houses across the United States is 8.27%, Victor's 1 year appreciation rate is slightly lower at 4.75%. This means that buying a house now will likely lead to increased value over time, making it an attractive investment opportunity for prospective buyers.
The median home cost in Victor is $147,800. Home appreciation the last 10 years has been 52.9%. Home Appreciation in Victor is up 11.4%.
Average Age of Homes
- The median age of Victor real estate is 71 years old
The Rental Market in Victor
- Renters make up 26.9% of the Victor population
- 7.7% of houses and apartments in Victor, 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.