Davis City, IA is a great place to buy a house. The median value of houses in this area is $93,100, which is significantly lower than the US median value of $338,100. In the past year, the housing appreciation rate has been very strong at 12.55%, far surpassing the 8.27% national average. This makes Davis City an excellent location for those looking to invest in real estate and take advantage of increasing property values.
The median home cost in Davis City (zip 50065) is $93,100. Home appreciation the last 10 years has been 63.1%. Home Appreciation in Davis City (zip 50065) is up 11.4%.
Average Age of Homes
- The median age of Davis City (zip 50065) real estate is 64 years old
The Rental Market in Davis City (zip 50065)
- Renters make up 13.2% of the Davis City (zip 50065) population
- 3.8% of houses and apartments in Davis City (zip 50065), 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.