The housing market in 52649 Salem, IA is strong with a median value of $195,100. This is significantly lower than the national median value of $338,100 but is still higher than the 8.27% national one-year appreciation rate. In fact, the one-year house appreciation rate in 52649 Salem, IA stands at 11.61%, which indicates a healthy market for potential homeowners and investors alike. Those looking to purchase a home in this area can rest assured that they would be making a sound investment due to the steady growth of housing values over time.
The median home cost in Salem (zip 52649) is $195,100. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Salem (zip 52649) is up 15.1%.
Average Age of Homes
- The median age of Salem (zip 52649) real estate is 52 years old
The Rental Market in Salem (zip 52649)
- Renters make up 14.2% of the Salem (zip 52649) population
- 0.0% of houses and apartments in Salem (zip 52649), 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.