The housing in 50160 Martensdale, IA is significantly more affordable than the US average. The median value of a house in this area is $182,400, compared to the US median value of $338,100. This means that potential buyers can save nearly half of the amount when purchasing a home in Martensdale. Furthermore, the 1 year appreciation rate for houses in Martensdale is 10.80%, which is higher than the US rate of 8.27%. Therefore, buying a home in this area could potentially be a profitable decision for potential buyers.
The median home cost in Martensdale (zip 50160) is $182,400. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Martensdale (zip 50160) is up 16.4%.
Average Age of Homes
- The median age of Martensdale (zip 50160) real estate is 46 years old
The Rental Market in Martensdale (zip 50160)
- Renters make up 32.8% of the Martensdale (zip 50160) population
- 0.0% of houses and apartments in Martensdale (zip 50160), 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.