The housing market in the Ames, IA Metro Area is booming. According to recent figures, the median house value in the area stands at $227,500, which is significantly lower than the current US median house value of $338,100. Furthermore, over the past year there has been a 11.09% appreciation rate of housing in the Ames area compared to an 8.27% appreciation rate nationally. This makes it an attractive situation for anyone looking to invest in or purchase property in this region.
The median home cost in Ames Metro Area is $227,500. Home appreciation the last 10 years has been 64.2%. Home Appreciation in Ames Metro Area is up 12.6%.
Average Age of Homes
- The median age of Ames Metro Area real estate is 38 years old
The Rental Market in Ames Metro Area
- Renters make up 44.1% of the Ames Metro Area population
- 2.9% of houses and apartments in Ames Metro Area, 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.