Housing in 52301 Marengo, IA is very affordable. The median value of a house is $162,900 which is significantly lower than the US median of $338,100. While the US 1 year house appreciation is 8.27%, it is slightly less in Marengo at 4.75%. This indicates that there may not be as much growth potential in the area as compared to other US cities but still provides a great opportunity for purchasing a home and making a comfortable living.
The median home cost in Marengo (zip 52301) is $162,900. Home appreciation the last 10 years has been 52.9%. Home Appreciation in Marengo (zip 52301) is up 11.4%.
Average Age of Homes
- The median age of Marengo (zip 52301) real estate is 65 years old
The Rental Market in Marengo (zip 52301)
- Renters make up 25.2% of the Marengo (zip 52301) population
- 1.6% of houses and apartments in Marengo (zip 52301), 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.