Zip 50228 (Prairie City, IA) Housing

The housing market in 50228 Prairie City, IA is performing very well. According to the latest report, the median value of homes in this area is $214,800, which is significantly lower than the US house median value of $338,100. However, the one-year house appreciation rate is 13.50%, which is significantly higher than the nation-wide appreciation rate of 8.27%. This means that property values have been increasing rapidly in this area and it shows a great potential for investors looking to purchase real estate in this community.

The median home cost in Prairie City (zip 50228) is $214,800. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Prairie City (zip 50228) is up 15.8%.

Average Age of Homes

- The median age of Prairie City (zip 50228) real estate is 53 years old

The Rental Market in Prairie City (zip 50228)

- Renters make up 13.5% of the Prairie City (zip 50228) population
- 1.5% of houses and apartments in Prairie City (zip 50228), 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	Prairie City, Iowa	United States
	997.0	139,647,020.0
	57	42
	$214,800	$338,100
	15.8%	16.6%
	41.3%	57.0%
	68.7%	101.1%
	$13.39	$10.98
	$2,088	$2,690
	72.6%	57.4%
	6.5%	11.2%
	20.9%	31.4%
Vacant Housing
	1.5%	1.9%
	0.9%	0.4%
	0.7%	0.7%
	0.8%	0.4%
	0.0%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.4%	2.4%
	0.4%	2.8%
	7.3%	3.9%
	4.7%	4.5%
	33.1%	11.3%
	22.7%	13.0%
	19.8%	20.1%
	9.1%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	2.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.0%	13.6%
	11.0%	13.6%
	9.5%	13.6%
	5.4%	13.2%
	17.7%	14.8%
	9.5%	13.6%
	9.6%	10.0%
	2.7%	4.7%
	34.0%	12.2%

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