The housing market in Decorah, IA 52101 is currently thriving. The median value of a home in this area is $250,600 which is much lower than the US median value of $338,100. However, in the past year the appreciation rate of homes in Decorah has been 11.61%, much higher than the national average of 8.27%. This indicates that Decorah is a great place to invest in real estate and offers an excellent opportunity for potential homeowners to purchase an affordable house in a rapidly appreciating market.
The median home cost in Decorah (zip 52101) is $250,600. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Decorah (zip 52101) is up 15.1%.
Average Age of Homes
- The median age of Decorah (zip 52101) real estate is 49 years old
The Rental Market in Decorah (zip 52101)
- Renters make up 24.7% of the Decorah (zip 52101) population
- 1.8% of houses and apartments in Decorah (zip 52101), 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.