Zip 51531 (Elk Horn, IA) Housing

The housing market in 51531 Elk Horn, IA is thriving compared to the national market. The median value of a house in 51531 Elk Horn, IA is $158,900 while the median value of a house nationally is $338,100. Additionally, the one year house appreciation rate in this area is 15.23%, much higher than the US average of 8.27%. This indicates that houses are going up in price and demand for residences in this area is increasing.

The median home cost in Elk Horn (zip 51531) is $158,900. Home appreciation the last 10 years has been 69.7%. Home Appreciation in Elk Horn (zip 51531) is up 15.4%.

Average Age of Homes

- The median age of Elk Horn (zip 51531) real estate is 66 years old

The Rental Market in Elk Horn (zip 51531)

- Renters make up 19.5% of the Elk Horn (zip 51531) population
- 3.6% of houses and apartments in Elk Horn (zip 51531), 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	Elk Horn, Iowa	United States
	331.0	139,647,020.0
	68	42
	$158,900	$338,100
	15.4%	16.6%
	49.3%	57.0%
	69.7%	101.1%
	$13.26	$10.98
	$1,664	$2,690
	67.1%	57.4%
	14.8%	11.2%
	18.1%	31.4%
Vacant Housing
	3.6%	1.9%
	1.2%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	2.1%	3.6%
	7.9%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	1.4%	2.4%
	6.3%	2.8%
	10.8%	3.9%
	18.0%	4.5%
	23.4%	11.3%
	32.0%	13.0%
	4.1%	20.1%
	0.9%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	2.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.8%	13.6%
	1.8%	13.6%
	1.8%	13.6%
	4.8%	13.2%
	15.1%	14.8%
	1.8%	13.6%
	6.9%	10.0%
	4.8%	4.7%
	58.3%	12.2%

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