The median value of housing in Mason City, IA (50401) is $140,100, which is significantly lower than the US median value of $338,100. However, the appreciation rate for houses in Mason City last year was 11.88%, which was higher than the overall US appreciation rate of 8.27%. This shows that Mason City has a strong housing market and is an excellent place to consider investing in property.
The median home cost in Mason City (zip 50401) is $140,100. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Mason City (zip 50401) is up 15.9%.
Average Age of Homes
- The median age of Mason City (zip 50401) real estate is 61 years old
The Rental Market in Mason City (zip 50401)
- Renters make up 31.0% of the Mason City (zip 50401) population
- 1.0% of houses and apartments in Mason City (zip 50401), 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.