The housing market in Macedonia, IA (51549) is surprisingly strong. The median value of a house in the area is a very competitive $160,600 which is significantly lower than the US median value of $338,100. Interestingly enough, however, the one year appreciation rate of 15.23% in Macedonia far outstrips the US average rate of 8.27%. This indicates that while house prices may be lower than average in the area, they are increasing at a much higher rate and will likely continue to do so.
The median home cost in Macedonia (zip 51549) is $160,600. Home appreciation the last 10 years has been 69.7%. Home Appreciation in Macedonia (zip 51549) is up 15.4%.
Average Age of Homes
- The median age of Macedonia (zip 51549) real estate is 49 years old
The Rental Market in Macedonia (zip 51549)
- Renters make up 21.2% of the Macedonia (zip 51549) population
- 0.0% of houses and apartments in Macedonia (zip 51549), 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.