The housing in 50207 New Sharon, IA is relatively affordable compared to the US average. According to recent data, the median value of homes in 50207 is $167,100, which is significantly lower than the US house median value of $338,100. Despite this lower average cost, homes in 50207 have seen an impressive 1 year appreciation rate of 13.50%, higher than the 8.27% US average. This suggests that housing in New Sharon is not only more affordable but also a good investment for potential homeowners or investors alike.
The median home cost in New Sharon (zip 50207) is $167,100. Home appreciation the last 10 years has been 68.7%. Home Appreciation in New Sharon (zip 50207) is up 15.8%.
Average Age of Homes
- The median age of New Sharon (zip 50207) real estate is 57 years old
The Rental Market in New Sharon (zip 50207)
- Renters make up 18.6% of the New Sharon (zip 50207) population
- 0.9% of houses and apartments in New Sharon (zip 50207), 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.