Zip 50171 (Montezuma, IA) Housing

Housing in 50171 Montezuma, IA is a great investment right now. The median value of housing in Montezuma is $261,700, which is significantly lower than the US median value of $338,100. However, home values are expected to appreciate by 10.80%, which greatly outpaces the 8.27% appreciation rate for the rest of the country. This makes buying a home in Montezuma an excellent investment with good short-term potential and long-term appreciation prospects.

The median home cost in Montezuma (zip 50171) is $261,700. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Montezuma (zip 50171) is up 16.4%.

Average Age of Homes

- The median age of Montezuma (zip 50171) real estate is 42 years old

The Rental Market in Montezuma (zip 50171)

- Renters make up 16.1% of the Montezuma (zip 50171) population
- 1.1% of houses and apartments in Montezuma (zip 50171), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Montezuma, Iowa	United States
	1,607.0	139,647,020.0
	41	42
	$261,700	$338,100
	16.4%	16.6%
	42.3%	57.0%
	65.5%	101.1%
	$11.71	$10.98
	$2,259	$2,690
	51.8%	57.4%
	27.6%	11.2%
	20.5%	31.4%
Vacant Housing
	1.1%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.0%	0.4%
	21.9%	3.6%
	3.4%	4.1%
Value of Owner-Occupied Housing
	2.0%	2.6%
	1.1%	2.4%
	7.7%	2.8%
	7.4%	3.9%
	3.8%	4.5%
	17.2%	11.3%
	12.5%	13.0%
	19.9%	20.1%
	15.1%	13.6%
	2.3%	8.3%
	5.0%	9.7%
	0.6%	3.9%
	4.4%	2.2%
	0.0%	0.8%
	0.8%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.5%	13.6%
	13.5%	13.6%
	15.6%	13.6%
	11.3%	13.2%
	19.0%	14.8%
	15.6%	13.6%
	3.7%	10.0%
	3.9%	4.7%
	12.3%	12.2%

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