Zip 50214 (Otley, IA) Housing

The housing market in 50214 Otley, IA is booming. The median value of a house is $294,600, which is significantly lower than the US median value of $338,100. Over the last year, house appreciation in 50214 Otley has been 13.50%, much higher than the national average of 8.27%. This demonstrates that this area is experiencing an above-average rate of growth and bodes well for those looking to buy or invest in property in the near future.

The median home cost in Otley (zip 50214) is $294,600. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Otley (zip 50214) is up 15.8%.

Average Age of Homes

- The median age of Otley (zip 50214) real estate is 26 years old

The Rental Market in Otley (zip 50214)

- Renters make up 16.2% of the Otley (zip 50214) population
- 0.0% of houses and apartments in Otley (zip 50214), 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	Otley, Iowa	United States
	281.0	139,647,020.0
	31	42
	$294,600	$338,100
	15.8%	16.6%
	41.3%	57.0%
	68.7%	101.1%
	$14.95	$10.98
	$3,355	$2,690
	94.0%	57.4%
	0.0%	11.2%
	6.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	7.6%	2.8%
	12.5%	3.9%
	0.0%	4.5%
	6.8%	11.3%
	6.1%	13.0%
	41.7%	20.1%
	11.7%	13.6%
	6.4%	8.3%
	7.2%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	26.3%	13.6%
	26.3%	13.6%
	13.2%	13.6%
	0.0%	13.2%
	26.3%	14.8%
	13.2%	13.6%
	0.0%	10.0%
	7.1%	4.7%
	11.7%	12.2%

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