The housing market in Corning, IA (zip code 50841) is doing extremely well compared to the US average. The median value of homes in Corning is $124,400, which is significantly lower than the US median of $338,100. However, one year appreciation in Corning is 11.61%, which far exceeds the US average of 8.27%. This indicates that home values are increasing rapidly and people are likely eager to buy property in this area. Overall, the housing market in Corning looks very positive and would be a good investment for potential buyers.
The median home cost in Corning (zip 50841) is $124,400. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Corning (zip 50841) is up 15.1%.
Average Age of Homes
- The median age of Corning (zip 50841) real estate is 70 years old
The Rental Market in Corning (zip 50841)
- Renters make up 19.7% of the Corning (zip 50841) population
- 1.5% of houses and apartments in Corning (zip 50841), 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.