The housing market in Wapello, IA is currently thriving. The median value of houses in the area is $119,100, which is much lower than the US House median value of $338,100. Furthermore, the 1 year house appreciation in Wapello has been 11.61%, which is higher than the US average of 8.27%. This suggests that now is a great time to invest in the Wapello housing market since prices are likely to increase even further over the next year.
The median home cost in Wapello is $119,100. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Wapello is up 15.1%.
Average Age of Homes
- The median age of Wapello real estate is 55 years old
The Rental Market in Wapello
- Renters make up 24.5% of the Wapello population
- 0.0% of houses and apartments in Wapello, 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.