Zip 50459 (Northwood, IA) Housing

The housing median value in Northwood, IA is $152,100 which is significantly lower than the US house median value of $338,100. However, the 1 year house appreciation rate for Northwood, IA is 11.88% which is higher than the US 1 year house appreciation rate of 8.27%. This indicates that the housing market in this area is doing relatively well and prices are on the rise. The combination of a low median price and high appreciation rate make this an attractive location for potential buyers looking for a good deal on an investment property.

The median home cost in Northwood (zip 50459) is $152,100. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Northwood (zip 50459) is up 15.9%.

Average Age of Homes

- The median age of Northwood (zip 50459) real estate is 63 years old

The Rental Market in Northwood (zip 50459)

- Renters make up 18.7% of the Northwood (zip 50459) population
- 0.0% of houses and apartments in Northwood (zip 50459), 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	Northwood, Iowa	United States
	1,372.0	139,647,020.0
	74	42
	$152,100	$338,100
	15.9%	16.6%
	44.9%	57.0%
	64.8%	101.1%
	$13.39	$10.98
	$1,628	$2,690
	76.5%	57.4%
	6.9%	11.2%
	16.6%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.9%	0.7%
	0.0%	0.4%
	2.9%	3.6%
	3.1%	4.1%
Value of Owner-Occupied Housing
	1.0%	2.6%
	0.7%	2.4%
	6.0%	2.8%
	13.8%	3.9%
	18.4%	4.5%
	22.8%	11.3%
	18.1%	13.0%
	11.3%	20.1%
	4.1%	13.6%
	2.6%	8.3%
	1.1%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	3.6%	13.6%
	3.6%	13.6%
	7.2%	13.6%
	5.5%	13.2%
	8.6%	14.8%
	7.2%	13.6%
	10.3%	10.0%
	6.6%	4.7%
	45.1%	12.2%