The housing market in Marathon, IA (50565) is currently strong. According to recent data, the median value of housing in the area is $78,000, which is significantly lower than the US median of $338,100. Despite this discrepancy, the 1 year house appreciation rate in Marathon is 9.93%, which is higher than the national average of 8.27%. This indicates that prices of homes in Marathon are increasing at a fast rate compared to other parts of the country. Investors and potential buyers should take note of this trend and consider Marathon as a great place for investing in real estate.
The median home cost in Marathon (zip 50565) is $78,000. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Marathon (zip 50565) is up 14.4%.
Average Age of Homes
- The median age of Marathon (zip 50565) real estate is 78 years old
The Rental Market in Marathon (zip 50565)
- Renters make up 14.1% of the Marathon (zip 50565) population
- 1.4% of houses and apartments in Marathon (zip 50565), 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.