The housing market in 50436 Forest City, IA is a great investment. The median value of real estate is $157,600 which is significantly lower than the US median house value of $338,100. This makes buying a home in this area more affordable and attractive to potential buyers. Additionally, the 1 year appreciation of 11.88%, while not as high as the US average 8.27%, shows that housing values are still increasing in this area and could be a great opportunity for potential investors or homeowners. All in all, Forest City offers an inviting housing market for those looking to buy or invest in real estate.
The median home cost in Forest City (zip 50436) is $157,600. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Forest City (zip 50436) is up 15.9%.
Average Age of Homes
- The median age of Forest City (zip 50436) real estate is 46 years old
The Rental Market in Forest City (zip 50436)
- Renters make up 22.4% of the Forest City (zip 50436) population
- 3.1% of houses and apartments in Forest City (zip 50436), 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.