The housing market in Portsmouth, IA 51565 is thriving with a median value of $193,600. This is significantly lower than the US median value of $338,100 and shows that buyers are able to purchase homes at affordable prices. Additionally, the one year house appreciation rate in Portsmouth is 15.23%, which far exceeds the national average of 8.27%. This indicates that there has been higher demand for housing in the area and that those who invest in property here can expect to see good returns on their investment. With such a strong housing market, Portsmouth is an attractive option for those looking to buy a home or invest in real estate.
The median home cost in Portsmouth (zip 51565) is $193,600. Home appreciation the last 10 years has been 69.7%. Home Appreciation in Portsmouth (zip 51565) is up 15.4%.
Average Age of Homes
- The median age of Portsmouth (zip 51565) real estate is 73 years old
The Rental Market in Portsmouth (zip 51565)
- Renters make up 24.1% of the Portsmouth (zip 51565) population
- 0.0% of houses and apartments in Portsmouth (zip 51565), 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.