The housing market in Walnut, IA is booming. The median value of a house is currently $161,700, which is substantially lower than the US House Median Value of $338,100. However, the 1 year appreciation rate of house values in Walnut is 15.23%, nearly double the national average of 8.27%. This shows that there is strong demand for housing in the area and that it can be a good investment for those looking to buy.
The median home cost in Walnut is $161,700. Home appreciation the last 10 years has been 69.7%. Home Appreciation in Walnut is up 15.4%.
Average Age of Homes
- The median age of Walnut real estate is 72 years old
The Rental Market in Walnut
- Renters make up 23.8% of the Walnut population
- 7.5% of houses and apartments in Walnut, 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.