The housing market in 50510 Albert City, IA is quite strong. The median value of a house in the area is $118,700, which is significantly lower than the US median of $338,100. Over the past year, the US housing appreciation was 8.27%, while in 50510 Albert City it was 9.93%. This means that homes in this area are appreciating at a slightly faster rate compared to other parts of the country. This high level of appreciation makes 50510 Albert City an attractive option for potential homeowners and investors alike, making it an ideal place to live or invest in real estate.
The median home cost in Albert City (zip 50510) is $118,700. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Albert City (zip 50510) is up 14.4%.
Average Age of Homes
- The median age of Albert City (zip 50510) real estate is 70 years old
The Rental Market in Albert City (zip 50510)
- Renters make up 18.5% of the Albert City (zip 50510) population
- 2.9% of houses and apartments in Albert City (zip 50510), 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.