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.