The housing market in 50003 Adel, IA is experiencing strong appreciation. The median value of homes in this area is $379,100, which is significantly higher than the US national median of $338,100. The 1 year appreciation rate for homes in 50003 Adel, IA is 12.55%, which is greater than the US national rate of 8.27%. This makes this area an attractive destination for potential homebuyers looking to invest and take advantage of the growing housing market.
The median home cost in Adel (zip 50003) is $379,100. Home appreciation the last 10 years has been 63.1%. Home Appreciation in Adel (zip 50003) is up 11.4%.
Average Age of Homes
- The median age of Adel (zip 50003) real estate is 36 years old
The Rental Market in Adel (zip 50003)
- Renters make up 21.4% of the Adel (zip 50003) population
- 0.9% of houses and apartments in Adel (zip 50003), 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.