Cerro Gordo, IA County has a very strong housing market. The median value of homes in the county is $162,700, which is well below the US median value of $338,100. Despite this lower median, Cerro Gordo's housing values have appreciated by 10.62% over the past year - higher than the national rate of 8.27%. This suggests that investing in property in Cerro Gordo offers great potential for both long-term gains and rental income.
The median home cost in Cerro Gordo County is $162,700. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Cerro Gordo County is up 15.9%.
Average Age of Homes
- The median age of Cerro Gordo County real estate is 60 years old
The Rental Market in Cerro Gordo County
- Renters make up 25.4% of the Cerro Gordo County population
- 1.0% of houses and apartments in Cerro Gordo County, 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.