50538 Farnhamville, IA is a great place to invest in housing. The median value of homes in the area is $91,500, much lower than the median value of the rest of the country at $338,100. In addition, the one year appreciation rate of homes in Farnhamville stands at 9.93%, higher than the national average of 8.27%. With these factors in mind, it is clear that buying a home in this area can be a wise financial decision and an opportunity to capitalize on a lucrative real estate market.
The median home cost in Farnhamville (zip 50538) is $91,500. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Farnhamville (zip 50538) is up 14.4%.
Average Age of Homes
- The median age of Farnhamville (zip 50538) real estate is 63 years old
The Rental Market in Farnhamville (zip 50538)
- Renters make up 20.5% of the Farnhamville (zip 50538) population
- 1.6% of houses and apartments in Farnhamville (zip 50538), 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.