Zip 52141 (Elgin, IA) Housing

The housing market in 52141 Elgin, IA is performing well above the national average. The median value of homes in this area is currently $149,000, which is significantly lower than the US median value of $338,100. This makes buying a home in Elgin far more accessible than other parts of the country. Furthermore, in the last year alone, house values have appreciated by 11.61%. This is greater than the US appreciation rate of 8.27%, indicating that Elgin, IA is an ideal place to invest in real estate.

The median home cost in Elgin (zip 52141) is $149,000. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Elgin (zip 52141) is up 15.1%.

Average Age of Homes

- The median age of Elgin (zip 52141) real estate is 65 years old

The Rental Market in Elgin (zip 52141)

- Renters make up 21.6% of the Elgin (zip 52141) population
- 0.8% of houses and apartments in Elgin (zip 52141), 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

Housing	Elgin, Iowa	United States
	638.0	139,647,020.0
	74	42
	$149,000	$338,100
	15.1%	16.6%
	42.9%	57.0%
	63.9%	101.1%
	$16.23	$10.98
	$1,277	$2,690
	73.8%	57.4%
	16.3%	11.2%
	9.9%	31.4%
Vacant Housing
	0.8%	1.9%
	0.0%	0.4%
	1.1%	0.7%
	1.1%	0.4%
	9.9%	3.6%
	3.4%	4.1%
Value of Owner-Occupied Housing
	7.2%	2.6%
	3.4%	2.4%
	24.2%	2.8%
	16.3%	3.9%
	11.9%	4.5%
	16.1%	11.3%
	10.2%	13.0%
	6.4%	20.1%
	2.3%	13.6%
	0.4%	8.3%
	1.5%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	14.1%	13.6%
	14.1%	13.6%
	4.4%	13.6%
	8.2%	13.2%
	9.4%	14.8%
	4.4%	13.6%
	5.0%	10.0%
	3.4%	4.7%
	47.6%	12.2%

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