The housing market in 52639 Montrose, IA is very strong. The median value for a house in this area is $152,200 which is much lower than the US median value of $338,100. This makes homeownership more accessible here and is likely why the one year house appreciation rate in 52639 Montrose, IA is 11.61%, higher than the national average of 8.27%. This indicates that this location has healthy real estate market and that now may be a good time to invest in housing property here.
The median home cost in Montrose (zip 52639) is $152,200. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Montrose (zip 52639) is up 15.1%.
Average Age of Homes
- The median age of Montrose (zip 52639) real estate is 42 years old
The Rental Market in Montrose (zip 52639)
- Renters make up 16.4% of the Montrose (zip 52639) population
- 0.0% of houses and apartments in Montrose (zip 52639), 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.