The housing market in Mechanicsville, IA (52306) has seen an appreciation of 4.75% over the last year, which is less than half of the 8.27% appreciation rate of the US housing market as a whole. The median value for housing in Mechanicsville is currently $193,500 which is considerably lower than the US median housing value of $338,100. Despite being lower than the national average, this still represents an increase from last year and indicates a healthy housing market in Mechanicsville.
The median home cost in Mechanicsville (zip 52306) is $193,500. Home appreciation the last 10 years has been 52.9%. Home Appreciation in Mechanicsville (zip 52306) is up 11.4%.
Average Age of Homes
- The median age of Mechanicsville (zip 52306) real estate is 66 years old
The Rental Market in Mechanicsville (zip 52306)
- Renters make up 15.1% of the Mechanicsville (zip 52306) population
- 1.8% of houses and apartments in Mechanicsville (zip 52306), 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.