The housing market in Albia, IA (zip code 52531) is particularly strong. The median value of housing in the area is $132,900, which is significantly lower than the US median of $338,100. Despite being lower than the national average, this area has seen a substantial amount of appreciation over the past year with an 11.61% rate compared to 8.27% across the country. This trend currently shows no signs of slowing down and indicates that now may be a great time for homeowners and prospective buyers to invest in Albia’s vibrant real estate market.
The median home cost in Albia (zip 52531) is $132,900. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Albia (zip 52531) is up 15.1%.
Average Age of Homes
- The median age of Albia (zip 52531) real estate is 50 years old
The Rental Market in Albia (zip 52531)
- Renters make up 22.7% of the Albia (zip 52531) population
- 4.5% of houses and apartments in Albia (zip 52531), 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.