Housing in Altoona, IA 50009 is significantly more affordable than the US median value of $338,100, with a median value of just $286,000. The one year appreciation rate for homes in Altoona is also higher than the national average at 12.55%, providing an attractive opportunity for those looking to invest in property. The appreciation rate and affordability of housing in Altoona makes it an ideal locale for first-time buyers and young families alike who are looking to purchase a home they can make their own.
The median home cost in Altoona (zip 50009) is $286,000. Home appreciation the last 10 years has been 63.1%. Home Appreciation in Altoona (zip 50009) is up 11.4%.
Average Age of Homes
- The median age of Altoona (zip 50009) real estate is 24 years old
The Rental Market in Altoona (zip 50009)
- Renters make up 25.4% of the Altoona (zip 50009) population
- 1.7% of houses and apartments in Altoona (zip 50009), 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.