The housing market in 50529 Dakota City, IA is going through an appreciation period at the moment. The median value of a house in the area is $120,800, which is much lower than the US house median value of $338,100. Over the past year, the US house appreciation rate has been 8.27%, however in this particular area it has been higher with a rate of 9.93%. This suggests that owning real estate in this particular location offers good potential for increasing equity and making a return on investment.
The median home cost in Dakota City (zip 50529) is $120,800. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Dakota City (zip 50529) is up 14.4%.
Average Age of Homes
- The median age of Dakota City (zip 50529) real estate is 45 years old
The Rental Market in Dakota City (zip 50529)
- Renters make up 10.9% of the Dakota City (zip 50529) population
- 0.0% of houses and apartments in Dakota City (zip 50529), 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.