The housing market in 50036 Boone, IA is a thriving one when compared to the national median. The median house value in Boone is $184,600, which is significantly lower than the US median of $338,100. Despite this large gap, Boone has seen an impressive 12.55% appreciation rate in the past year, which far surpasses the 8.27% national average. This data suggests that even though Boone's home values may be lower than the national average, they are still appreciating at a much higher rate and could be a great investment for potential buyers.
The median home cost in Boone (zip 50036) is $184,600. Home appreciation the last 10 years has been 63.1%. Home Appreciation in Boone (zip 50036) is up 11.4%.
Average Age of Homes
- The median age of Boone (zip 50036) real estate is 56 years old
The Rental Market in Boone (zip 50036)
- Renters make up 23.7% of the Boone (zip 50036) population
- 1.8% of houses and apartments in Boone (zip 50036), 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.