The housing median value in 51047 Peterson, IA is $115,200, which is significantly lower than the US house median value of $338,100. However, the 1 year house appreciation in 51047 Peterson, IA is higher than the US at 10.62%. This indicates that this area is growing and may be a good investment opportunity for those looking to buy property in the near future. With increasing home values and appreciation rates higher than the national average, 51047 Peterson, IA appears to be a great location to invest in housing.
The median home cost in Peterson (zip 51047) is $115,200. Home appreciation the last 10 years has been 72.0%. Home Appreciation in Peterson (zip 51047) is up 12.4%.
Average Age of Homes
- The median age of Peterson (zip 51047) real estate is 69 years old
The Rental Market in Peterson (zip 51047)
- Renters make up 9.2% of the Peterson (zip 51047) population
- 2.1% of houses and apartments in Peterson (zip 51047), 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.