Housing in 50222 Peru, IA has seen a steady increase in value over the past year. The median housing value is currently $264,000, which is significantly lower than the national median of $338,100. However, the year-on-year appreciation rate for housing in this area has been 13.50%, higher than the national average of 8.27%. This indicates that purchasing property in 50222 Peru, IA is a wise investment and suggests that housing values could continue to increase in the future.
The median home cost in Peru (zip 50222) is $264,000. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Peru (zip 50222) is up 15.8%.
Average Age of Homes
- The median age of Peru (zip 50222) real estate is 59 years old
The Rental Market in Peru (zip 50222)
- Renters make up 12.8% of the Peru (zip 50222) population
- 0.0% of houses and apartments in Peru (zip 50222), 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.