Zip 50211 (Norwalk, IA) Housing

The housing market in 50211 Norwalk, IA has seen a dramatic increase in median value over the last year. According to my data, the median value of homes in this area is currently $310,100, compared to the US house median value of $338,100. This shows an impressive appreciation rate of 13.50%, significantly higher than the 8.27% seen nationwide. With such a solid return on investment and low interest rates still available in this area, real estate buyers may want to consider investing in the 50211 Norwalk, IA market right now.

The median home cost in Norwalk (zip 50211) is $310,100. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Norwalk (zip 50211) is up 15.8%.

Average Age of Homes

- The median age of Norwalk (zip 50211) real estate is 27 years old

The Rental Market in Norwalk (zip 50211)

- Renters make up 22.8% of the Norwalk (zip 50211) population
- 0.2% of houses and apartments in Norwalk (zip 50211), 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	Norwalk, Iowa	United States
	5,908.0	139,647,020.0
	23	42
	$310,100	$338,100
	15.8%	16.6%
	41.3%	57.0%
	68.7%	101.1%
	$18.06	$10.98
	$4,600	$2,690
	80.8%	57.4%
	4.0%	11.2%
	15.1%	31.4%
Vacant Housing
	0.2%	1.9%
	0.5%	0.4%
	0.9%	0.7%
	0.2%	0.4%
	0.6%	3.6%
	1.6%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	0.6%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.7%	4.5%
	13.1%	11.3%
	22.6%	13.0%
	23.4%	20.1%
	21.7%	13.6%
	6.9%	8.3%
	8.6%	9.7%
	0.9%	3.9%
	0.7%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.8%	0.2%
	23.4%	13.6%
	23.4%	13.6%
	12.4%	13.6%
	11.0%	13.2%
	11.7%	14.8%
	12.4%	13.6%
	5.5%	10.0%
	0.9%	4.7%
	3.7%	12.2%

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