The housing market in 50448, Kensett, IA is faring better than the national average. The median value of a house in this area comes in at $149,000, which is significantly lower than the national median value of $338,100. This means that the cost of housing in this area is more affordable than many other areas nationwide. Furthermore, the 1 year house appreciation rate in this area is 11.88%, which is higher than the national increase rate of 8.27%. For those looking to invest or purchase a home in 50448 Kensett, IA they can rest assured knowing that their investment will likely appreciate over time.
The median home cost in Kensett (zip 50448) is $149,000. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Kensett (zip 50448) is up 15.9%.
Average Age of Homes
- The median age of Kensett (zip 50448) real estate is 78 years old
The Rental Market in Kensett (zip 50448)
- Renters make up 10.4% of the Kensett (zip 50448) population
- 1.0% of houses and apartments in Kensett (zip 50448), 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.