The housing market in Drakesville, IA is thriving. The median value of homes in the area is $188,400, much lower than the US house median value of $338,100. Despite this disparity, the 1 year appreciation rate of homes in Drakesville is 11.61%, which is higher than the national average of 8.27%. This data suggests that Drakesville offers considerable potential for real estate investment and growth.
The median home cost in Drakesville (zip 52552) is $188,400. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Drakesville (zip 52552) is up 15.1%.
Average Age of Homes
- The median age of Drakesville (zip 52552) real estate is 49 years old
The Rental Market in Drakesville (zip 52552)
- Renters make up 16.0% of the Drakesville (zip 52552) population
- 0.0% of houses and apartments in Drakesville (zip 52552), 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.