Palo Alto County, IA Housing

The housing market in Palo Alto, IA County is very strong compared to the national average. The median value of housing in Palo Alto is $119,500 which is much lower than the national median value of $338,100. However, over the past year Palo Alto has experienced an 11.36% appreciation rate, significantly higher than the US's 8.27%. This indicates that housing prices in Palo Alto will continue to rise and that it remains a great choice for potential home buyers.

The median home cost in Palo Alto County is $119,500. Home appreciation the last 10 years has been 64.3%. Home Appreciation in Palo Alto County is up 14.6%.

Average Age of Homes

- The median age of Palo Alto County real estate is 61 years old

The Rental Market in Palo Alto County

- Renters make up 21.5% of the Palo Alto County population
- 1.5% of houses and apartments in Palo Alto 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Palo Alto, Iowa	United States
	4,512.0	139,647,020.0
	61	42
	$119,500	$338,100
	14.6%	16.6%
	38.9%	57.0%
	64.3%	101.1%
	$12.40	$10.98
	$1,374	$2,690
	62.0%	57.4%
	18.3%	11.2%
	19.7%	31.4%
Vacant Housing
	1.5%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	0.4%	0.4%
	3.7%	3.6%
	12.2%	4.1%
Value of Owner-Occupied Housing
	4.8%	2.6%
	7.9%	2.4%
	9.9%	2.8%
	14.3%	3.9%
	8.3%	4.5%
	17.8%	11.3%
	14.0%	13.0%
	13.5%	20.1%
	3.7%	13.6%
	2.9%	8.3%
	1.0%	9.7%
	1.7%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	5.7%	13.6%
	5.7%	13.6%
	8.2%	13.6%
	7.1%	13.2%
	14.7%	14.8%
	8.2%	13.6%
	11.0%	10.0%
	7.1%	4.7%
	31.3%	12.2%

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