The housing market in 52227 Ely, IA is slightly below the national average. The median house value in this area is $300,400, which is close to the US median of $338,100. The 1 year appreciation rate for homes in 52227 Ely, IA is 8.03%, which is slightly lower than the national rate of 8.27%. This indicates a relatively stable housing market in Ely with modest increases in value over the past year.
The median home cost in Ely (zip 52227) is $300,400. Home appreciation the last 10 years has been 53.6%. Home Appreciation in Ely (zip 52227) is up 14.4%.
Average Age of Homes
- The median age of Ely (zip 52227) real estate is 25 years old
The Rental Market in Ely (zip 52227)
- Renters make up 11.5% of the Ely (zip 52227) population
- 1.2% of houses and apartments in Ely (zip 52227), 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.