Zip 50061 (Cumming, IA) Housing


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The housing market in 50061 Cumming, IA is doing well, with the median value of homes sitting at $501,800. This is much higher than the US House Median Value of $338,100. The appreciation rate for homes in 50061 Cumming, IA has also been quite strong over the past year at 12.55%, which is significantly higher than the US 1 year House Appreciation rate of 8.27%. This trend indicates that the housing market in 50061 Cumming, IA remains healthy and shows no signs of slowing down.

The median home cost in Cumming (zip 50061) is $501,800. Home appreciation the last 10 years has been 63.1%. Home Appreciation in Cumming (zip 50061) is up 11.4%.

Average Age of Homes
- The median age of Cumming (zip 50061) real estate is 30 years old
The Rental Market in Cumming (zip 50061)
- Renters make up 15.0% of the Cumming (zip 50061) population
- 0.0% of houses and apartments in Cumming (zip 50061), 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingCumming, IowaUnited States
  815.0139,647,020.0
  1942
  $501,800$338,100
  11.4%16.6%
  35.0%57.0%
  63.1%101.1%
  $13.46$10.98
  $6,599$2,690
  94.1%57.4%
  2.7%11.2%
  3.2%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  1.7%3.6%
  1.0%4.1%
  Value of Owner-Occupied Housing
  0.1%2.6%
  0.0%2.4%
  0.0%2.8%
  0.5%3.9%
  1.2%4.5%
  1.8%11.3%
  3.4%13.0%
  16.6%20.1%
  18.4%13.6%
  8.9%8.3%
  29.9%9.7%
  16.4%3.9%
  0.0%2.2%
  0.0%0.8%
  2.9%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  42.6%13.6%
  42.6%13.6%
  7.9%13.6%
  3.6%13.2%
  16.3%14.8%
  7.9%13.6%
  3.9%10.0%
  0.6%4.7%
  6.7%12.2%
Commute