In Allison, IA (zip code 50602), the median value of a home is $147,200. This is substantially lower than the national median value of $338,100. Although nationwide home values have grown by 8.27% in the last year, homes in Allison have seen an even greater appreciation of 11.21%. As such, Allison remains an affordable place to buy a home and provides homeowners with the opportunity to build equity faster than in many other parts of the country.
The median home cost in Allison (zip 50602) is $147,200. Home appreciation the last 10 years has been 51.2%. Home Appreciation in Allison (zip 50602) is up 13.3%.
Average Age of Homes
- The median age of Allison (zip 50602) real estate is 65 years old
The Rental Market in Allison (zip 50602)
- Renters make up 20.2% of the Allison (zip 50602) population
- 1.6% of houses and apartments in Allison (zip 50602), 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.