The housing market in Cambridge, IA (zipcode 50046) is performing better than the national average. According to recent data, the median value of a home in the area stands at $245,000, which is significantly lower than the US median value of $338,100. Despite this disparity, house prices in Cambridge have appreciated by 12.55% over the past year; much higher than the national average of 8.27%. The housing market in Cambridge presents an attractive option for potential buyers looking for relative affordability and stability.
The median home cost in Cambridge (zip 50046) is $245,000. Home appreciation the last 10 years has been 63.1%. Home Appreciation in Cambridge (zip 50046) is up 11.4%.
Average Age of Homes
- The median age of Cambridge (zip 50046) real estate is 47 years old
The Rental Market in Cambridge (zip 50046)
- Renters make up 9.7% of the Cambridge (zip 50046) population
- 0.7% of houses and apartments in Cambridge (zip 50046), 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.