The housing in 50062 Melcher-Dallas, IA is very desirable due to its median value of $160,000. This is significantly lower than the US median house value of $338,100. In addition, the 1 year house appreciation in Melcher-Dallas is 12.55%, which is higher than the national average of 8.27%. This makes it an attractive area for those looking to invest in real estate or purchase a home for themselves. The market here continues to remain strong and the prices are expected to continue rising in the foreseeable future.
The median home cost in Melcher-Dallas (zip 50062) is $160,000. Home appreciation the last 10 years has been 63.1%. Home Appreciation in Melcher-Dallas (zip 50062) is up 11.4%.
Average Age of Homes
- The median age of Melcher-Dallas (zip 50062) real estate is 57 years old
The Rental Market in Melcher-Dallas (zip 50062)
- Renters make up 5.4% of the Melcher-Dallas (zip 50062) population
- 3.1% of houses and apartments in Melcher-Dallas (zip 50062), 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.