Housing in 52569 Melrose, IA is very affordable with the median value at $115,000. This is quite a bit lower than the US House Median Value of $338,100 and much more affordable for people looking to buy a property in the area. Additionally, over the past year, houses have appreciated by 11.61%, which is higher than the US House Appreciation rate of 8.27%. Thus, Melrose is an ideal place to buy a house with great value and potential appreciation in the future.
The median home cost in Melrose (zip 52569) is $115,000. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Melrose (zip 52569) is up 15.1%.
Average Age of Homes
- The median age of Melrose (zip 52569) real estate is 26 years old
The Rental Market in Melrose (zip 52569)
- Renters make up 7.8% of the Melrose (zip 52569) population
- 0.0% of houses and apartments in Melrose (zip 52569), 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.