The housing market in Rowan, IA is a great investment right now. The median value of a home in the town is $69,900, which significantly lower than the US median value of $338,100. Additionally, the 1 year appreciation rate for homes in Rowan is 11.88%, almost three percentage points higher than the US appreciation rate of 8.27%. This makes investing in a property in this area an attractive prospect and could result in a considerable return on investment over time.
The median home cost in Rowan (zip 50470) is $69,900. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Rowan (zip 50470) is up 15.9%.
Average Age of Homes
- The median age of Rowan (zip 50470) real estate is 78 years old
The Rental Market in Rowan (zip 50470)
- Renters make up 22.3% of the Rowan (zip 50470) population
- 0.0% of houses and apartments in Rowan (zip 50470), 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.