Scarville, IA is a small town located in the northernmost part of Iowa with a population of just over 100 people. The housing median value in Scarville is surprisingly high at $81,700 – almost a quarter of the US House Median Value of $338,100. This is even more impressive when you consider that the US 1 year House Appreciation rate is only 8.27%, while the 1 year appreciation rate for houses in Scarville is 11.88%. Clearly, this small town has something special going on when it comes to their housing market. With its relatively low cost of living, Scarville provides an excellent opportunity for those looking to purchase a home without breaking the bank.
The median home cost in Scarville (zip 50473) is $81,700. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Scarville (zip 50473) is up 15.9%.
Average Age of Homes
- The median age of Scarville (zip 50473) real estate is 71 years old
The Rental Market in Scarville (zip 50473)
- Renters make up 17.2% of the Scarville (zip 50473) population
- 0.0% of houses and apartments in Scarville (zip 50473), 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.