Zip 50541 (Gilmore City, IA) Housing

The housing in 50541 Gilmore City, IA is surprisingly affordable compared to the national average. The median value of a house in this area is $78,300, while the US median value for a house is approximately three times higher at $338,100. In addition, the US one year house appreciation rate for the past year was 8.27%, but the rate for Gilmore City was even higher at 9.93%. This indicates that more people are investing in housing in this area and that prices are on an upward trend.

The median home cost in Gilmore City (zip 50541) is $78,300. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Gilmore City (zip 50541) is up 14.4%.

Average Age of Homes

- The median age of Gilmore City (zip 50541) real estate is 77 years old

The Rental Market in Gilmore City (zip 50541)

- Renters make up 19.6% of the Gilmore City (zip 50541) population
- 1.3% of houses and apartments in Gilmore City (zip 50541), 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	Gilmore City, Iowa	United States
	459.0	139,647,020.0
	76	42
	$78,300	$338,100
	14.4%	16.6%
	37.6%	57.0%
	64.5%	101.1%
	$11.55	$10.98
	$984	$2,690
	66.4%	57.4%
	12.4%	11.2%
	21.1%	31.4%
Vacant Housing
	1.3%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.4%	3.6%
	10.7%	4.1%
Value of Owner-Occupied Housing
	5.6%	2.6%
	16.1%	2.4%
	15.7%	2.8%
	12.1%	3.9%
	7.5%	4.5%
	19.7%	11.3%
	5.6%	13.0%
	4.9%	20.1%
	5.9%	13.6%
	3.9%	8.3%
	1.3%	9.7%
	1.6%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.3%	13.6%
	1.3%	13.6%
	3.1%	13.6%
	3.1%	13.2%
	13.9%	14.8%
	3.1%	13.6%
	7.2%	10.0%
	8.3%	4.7%
	45.8%	12.2%

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