Zip 50644 (Independence, IA) Housing

The housing in 50644 Independence, IA is more affordable than the US median value of $338,100. The median value for homes in this area is $176,900. Furthermore, the rate of house appreciation in 50644 Independence, IA has been higher than the national average of 8.27%, clocking in at 11.21%. This indicates that the real estate market in this city is booming and a great investment opportunity for potential homebuyers.

The median home cost in Independence (zip 50644) is $176,900. Home appreciation the last 10 years has been 51.2%. Home Appreciation in Independence (zip 50644) is up 13.3%.

Average Age of Homes

- The median age of Independence (zip 50644) real estate is 47 years old

The Rental Market in Independence (zip 50644)

- Renters make up 21.0% of the Independence (zip 50644) population
- 4.0% of houses and apartments in Independence (zip 50644), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Independence, Iowa	United States
	4,035.0	139,647,020.0
	49	42
	$176,900	$338,100
	13.3%	16.6%
	34.5%	57.0%
	51.2%	101.1%
	$17.07	$10.98
	$2,681	$2,690
	66.0%	57.4%
	12.9%	11.2%
	21.1%	31.4%
Vacant Housing
	4.0%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	0.6%	0.4%
	3.1%	3.6%
	4.5%	4.1%
Value of Owner-Occupied Housing
	3.9%	2.6%
	1.1%	2.4%
	1.0%	2.8%
	6.0%	3.9%
	5.2%	4.5%
	28.9%	11.3%
	22.0%	13.0%
	19.5%	20.1%
	8.0%	13.6%
	1.8%	8.3%
	2.2%	9.7%
	0.6%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.8%	13.6%
	8.8%	13.6%
	15.8%	13.6%
	9.3%	13.2%
	13.9%	14.8%
	15.8%	13.6%
	6.8%	10.0%
	3.7%	4.7%
	28.1%	12.2%

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