Housing in 51640 Hamburg, IA is relatively affordable compared to the US median value, with an average house being just shy of $107,000. However, housing in this area has appreciated much faster than the US average over the past year at 11.61%, which could be a sign of a rapidly appreciating market. This could be an attractive option for prospective home buyers looking for an affordable home in a market that shows potential for growth.
The median home cost in Hamburg (zip 51640) is $106,800. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Hamburg (zip 51640) is up 15.1%.
Average Age of Homes
- The median age of Hamburg (zip 51640) real estate is 60 years old
The Rental Market in Hamburg (zip 51640)
- Renters make up 23.3% of the Hamburg (zip 51640) population
- 0.6% of houses and apartments in Hamburg (zip 51640), 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.