The housing market in 52332 Shellsburg, IA is performing better than the national average. The median value for homes in Shellsburg is $235,000, which is considerably lower than the national median for homes of $338,100. However, although the US house appreciation rate over the past year was 8.27%, the house appreciation rate in Shellsburg over that same period was 4.75%, indicating that Shellsburg is doing better than overall US market conditions suggest. This could be a good time to invest in property in Shellsburg as there are lucrative opportunities to purchase real estate at prices lower than the national average and with potential for future gains due to local appreciation rates being higher than nationwide trends.
The median home cost in Shellsburg (zip 52332) is $235,000. Home appreciation the last 10 years has been 52.9%. Home Appreciation in Shellsburg (zip 52332) is up 11.4%.
Average Age of Homes
- The median age of Shellsburg (zip 52332) real estate is 39 years old
The Rental Market in Shellsburg (zip 52332)
- Renters make up 11.6% of the Shellsburg (zip 52332) population
- 7.6% of houses and apartments in Shellsburg (zip 52332), 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.