The housing market in Prescott, IA (50859), is currently thriving. According to the latest data, the median value of a house in this area is $135,800 – below the national median of $338,100. However, over the last year, houses have appreciated by an impressive 11.61%, more than the nation average of 8.27%. This means that homes in Prescott are becoming increasingly valuable and desirable. With prices still lower than the national average, now could be an ideal time for prospective homeowners to invest in the area and reap the benefits from this rising trend.
The median home cost in Prescott (zip 50859) is $135,800. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Prescott (zip 50859) is up 15.1%.
Average Age of Homes
- The median age of Prescott (zip 50859) real estate is 78 years old
The Rental Market in Prescott (zip 50859)
- Renters make up 20.1% of the Prescott (zip 50859) population
- 1.0% of houses and apartments in Prescott (zip 50859), 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.