Housing in 51248 Sanborn, IA is fairly affordable compared to the US average. The median value of housing in Sanborn is $150,600, which is significantly lower than that of the US median value of $338,100. Despite this lower price point, housing prices have still appreciated over the past year with an appreciation rate of 11.61%. This number is even higher than the national average of 8.27%, indicating a strong real estate market in Sanborn, IA.
The median home cost in Sanborn (zip 51248) is $150,600. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Sanborn (zip 51248) is up 15.1%.
Average Age of Homes
- The median age of Sanborn (zip 51248) real estate is 59 years old
The Rental Market in Sanborn (zip 51248)
- Renters make up 17.3% of the Sanborn (zip 51248) population
- 2.5% of houses and apartments in Sanborn (zip 51248), 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.