Ames, IA

Population: 61,792
Average annual home appreciation rate: 1.10%
Total of homes for sale in this market: 144
Median home price: $184,254
Median Rent: $820 per room
Home price range: 50.93% of homes are between $106,001 – $213,000
Median sales price: NO DATA
Number of homes: 28
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 40.63% of homes are COMPLEXES OR HIGH RISE APARTMENTS
Number of vacant homes: 3.74%
Number of renters: 63.38%
Number of owner occupied: 36.62%
Number people living below poverty level: 28.84%
Unemployment rate: 1.90%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Ames area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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