Zip 51559 (Neola, IA) Housing

The housing market in Neola, IA (51559) is doing particularly well, with the median value being $225,200 - significantly lower than the US house median value of $338,100. In the past year, the appreciation rate of house values in Neola has been 15.23%, higher than the US average of 8.27%. The strong appreciation rate indicates a healthy housing market and a great opportunity for those looking to invest in real estate in this area.

The median home cost in Neola (zip 51559) is $225,200. Home appreciation the last 10 years has been 69.7%. Home Appreciation in Neola (zip 51559) is up 15.4%.

Average Age of Homes

- The median age of Neola (zip 51559) real estate is 66 years old

The Rental Market in Neola (zip 51559)

- Renters make up 19.7% of the Neola (zip 51559) population
- 0.0% of houses and apartments in Neola (zip 51559), 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	Neola, Iowa	United States
	759.0	139,647,020.0
	79	42
	$225,200	$338,100
	15.4%	16.6%
	49.3%	57.0%
	69.7%	101.1%
	$15.87	$10.98
	$2,615	$2,690
	67.5%	57.4%
	5.1%	11.2%
	27.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.3%	3.6%
	4.9%	4.1%
Value of Owner-Occupied Housing
	2.5%	2.6%
	1.8%	2.4%
	1.8%	2.8%
	7.0%	3.9%
	6.8%	4.5%
	19.9%	11.3%
	23.6%	13.0%
	18.9%	20.1%
	13.5%	13.6%
	1.6%	8.3%
	0.6%	9.7%
	0.4%	3.9%
	1.0%	2.2%
	0.6%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	14.0%	13.6%
	14.0%	13.6%
	3.7%	13.6%
	5.7%	13.2%
	10.8%	14.8%
	3.7%	13.6%
	2.5%	10.0%
	3.7%	4.7%
	49.1%	12.2%

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