The housing situation in Gravity, IA (50848 zip code) is quite impressive. The median value of a home in the area is $75,800, compared to a national median of $338,100. Although the median home price is significantly lower than the national average, homeowners in Gravity have enjoyed a 1 year appreciation rate of 11.61%, which far surpasses the nation's rate of 8.27%. Therefore, those who choose to purchase or invest in homes here can expect to see a healthy return on their investments.
The median home cost in Gravity (zip 50848) is $75,800. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Gravity (zip 50848) is up 15.1%.
Average Age of Homes
- The median age of Gravity (zip 50848) real estate is 78 years old
The Rental Market in Gravity (zip 50848)
- Renters make up 16.5% of the Gravity (zip 50848) population
- 0.0% of houses and apartments in Gravity (zip 50848), 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.