Zip 50629 (Fairbank, IA) Housing

The median value of housing in 50629 Fairbank, IA is $209,700, which is significantly lower than the US median value of $338,100. However, Fairbank has seen a greater rate of appreciation in the past year with an 11.21% increase as opposed to an 8.27% increase in the US overall. This indicates that Fairbank may be a good investment for buyers looking for more affordable housing options with potential for larger returns on their investments.

The median home cost in Fairbank (zip 50629) is $209,700. Home appreciation the last 10 years has been 51.2%. Home Appreciation in Fairbank (zip 50629) is up 13.3%.

Average Age of Homes

- The median age of Fairbank (zip 50629) real estate is 44 years old

The Rental Market in Fairbank (zip 50629)

- Renters make up 16.4% of the Fairbank (zip 50629) population
- 1.5% of houses and apartments in Fairbank (zip 50629), 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	Fairbank, Iowa	United States
	958.0	139,647,020.0
	47	42
	$209,700	$338,100
	13.3%	16.6%
	34.5%	57.0%
	51.2%	101.1%
	$12.31	$10.98
	$1,921	$2,690
	76.6%	57.4%
	8.9%	11.2%
	14.5%	31.4%
Vacant Housing
	1.5%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	0.0%	0.4%
	2.0%	3.6%
	4.6%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	3.0%	2.4%
	5.6%	2.8%
	6.1%	3.9%
	10.5%	4.5%
	21.1%	11.3%
	16.9%	13.0%
	28.5%	20.1%
	4.2%	13.6%
	1.5%	8.3%
	0.0%	9.7%
	0.1%	3.9%
	1.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.2%	13.6%
	13.2%	13.6%
	13.3%	13.6%
	12.1%	13.2%
	15.2%	14.8%
	13.3%	13.6%
	9.3%	10.0%
	0.3%	4.7%
	21.5%	12.2%

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