The housing market in 51646 New Market, IA is faring better than the national average. The median value of homes in this area is $107,400, which is almost one third of the US median value of $338,100. In the past year, US homes have appreciated by 8.27%, while New Market’s homes have appreciated even more at 11.61%. This implies that the housing market in New Market is doing well and may be a great place to invest in property.
The median home cost in New Market (zip 51646) is $107,400. Home appreciation the last 10 years has been 63.9%. Home Appreciation in New Market (zip 51646) is up 15.1%.
Average Age of Homes
- The median age of New Market (zip 51646) real estate is 74 years old
The Rental Market in New Market (zip 51646)
- Renters make up 16.5% of the New Market (zip 51646) population
- 0.0% of houses and apartments in New Market (zip 51646), 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.