Zip 50662 (Oelwein, IA) Housing

The median value of houses in Oelwein, IA (zip code 50662) is $98,900. This is substantially lower than the median value of houses in the United States, which currently stands at $338,100. On a one year basis, house appreciation in Oelwein has been 11.21%, compared to 8.27% for the country as a whole. This means that the value of homes in this area have been increasing faster than average during this period, making it an attractive option for those looking to buy or invest in real estate.

The median home cost in Oelwein (zip 50662) is $98,900. Home appreciation the last 10 years has been 51.2%. Home Appreciation in Oelwein (zip 50662) is up 13.3%.

Average Age of Homes

- The median age of Oelwein (zip 50662) real estate is 73 years old

The Rental Market in Oelwein (zip 50662)

- Renters make up 25.5% of the Oelwein (zip 50662) population
- 2.8% of houses and apartments in Oelwein (zip 50662), 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	Oelwein, Iowa	United States
	3,307.0	139,647,020.0
	68	42
	$98,900	$338,100
	13.3%	16.6%
	34.5%	57.0%
	51.2%	101.1%
	$14.68	$10.98
	$1,428	$2,690
	61.2%	57.4%
	14.1%	11.2%
	24.7%	31.4%
Vacant Housing
	2.8%	1.9%
	1.0%	0.4%
	2.8%	0.7%
	0.8%	0.4%
	3.3%	3.6%
	3.5%	4.1%
Value of Owner-Occupied Housing
	3.9%	2.6%
	11.5%	2.4%
	10.3%	2.8%
	13.5%	3.9%
	12.8%	4.5%
	18.2%	11.3%
	15.9%	13.0%
	9.5%	20.1%
	3.5%	13.6%
	0.1%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.9%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.3%	13.6%
	3.3%	13.6%
	8.6%	13.6%
	7.9%	13.2%
	10.9%	14.8%
	8.6%	13.6%
	10.9%	10.0%
	7.0%	4.7%
	39.4%	12.2%

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