The housing market in 51354 Ocheyedan, IA is considerably more affordable than the national average. The median value of a house in the area is $113,900, which is less than one-third of national median value at $338,100. In addition to being more affordable, the housing market in Ocheyedan has also appreciated more quickly than the national average over the last year. The U.S. house appreciation rate was 8.27%, while houses in Ocheyedan appreciated by 11.61%. This makes for a great opportunity for people looking to buy a home at an affordable price and receive higher returns on their investment.
The median home cost in Ocheyedan (zip 51354) is $113,900. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Ocheyedan (zip 51354) is up 15.1%.
Average Age of Homes
- The median age of Ocheyedan (zip 51354) real estate is 65 years old
The Rental Market in Ocheyedan (zip 51354)
- Renters make up 6.2% of the Ocheyedan (zip 51354) population
- 0.0% of houses and apartments in Ocheyedan (zip 51354), 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.