The housing market in Marcus, IA (51035) is a great place to invest in real estate. The median value of the housing is $150,200, which is much lower than the US house median value of $338,100. In addition to the lower cost of entry into the market, the one-year house appreciation rate for Marcus is 10.62%, higher than the national average of 8.27%. This means that buying a home in Marcus will not only be significantly cheaper but it will also appreciate at a higher rate than most other places in the United States.
The median home cost in Marcus (zip 51035) is $150,200. Home appreciation the last 10 years has been 72.0%. Home Appreciation in Marcus (zip 51035) is up 12.4%.
Average Age of Homes
- The median age of Marcus (zip 51035) real estate is 73 years old
The Rental Market in Marcus (zip 51035)
- Renters make up 19.9% of the Marcus (zip 51035) population
- 1.3% of houses and apartments in Marcus (zip 51035), 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.