The housing market in 50217 Paton, IA is significantly lower than the US average. The median value of a house in Paton is $131,800 compared to the US median value of $338,100. However, the appreciation rate for homes in Paton is much higher with a one-year increase of 13.5%, compared to 8.27% nationally. Therefore, despite being lower than the national average, investing in housing within 50217 Paton may be more profitable in the long run due to the higher appreciation rate.
The median home cost in Paton (zip 50217) is $131,800. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Paton (zip 50217) is up 15.8%.
Average Age of Homes
- The median age of Paton (zip 50217) real estate is 74 years old
The Rental Market in Paton (zip 50217)
- Renters make up 23.1% of the Paton (zip 50217) population
- 0.0% of houses and apartments in Paton (zip 50217), 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.