Housing in Washburn, IA is more affordable than the national average, with the median home value being $127,300. This is significantly lower than the US median value of $338,100. Despite this difference in median value, the one year house appreciation rate for Washburn is still relatively high at 7.20%, only slightly lower than that of the United States’ 8.27%. This indicates a strong housing market in Washburn and suggests an excellent investment opportunity for people looking to buy a home there.
The median home cost in Washburn is $127,300. Home appreciation the last 10 years has been 44.9%. Home Appreciation in Washburn is up 13.4%.
Average Age of Homes
- The median age of Washburn real estate is 59 years old
The Rental Market in Washburn
- Renters make up 4.2% of the Washburn population
- 0.0% of houses and apartments in Washburn, 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.