Searsboro, IA in zip code 50242 has a median housing value of $192,400, which is considerably lower than the US house median value of $338,100. Despite being significantly less expensive than the national average, housing in Searsboro has seen a much higher rate of appreciation over the last year at 13.50%. This is almost 5% higher than the US 1 year house appreciation rate of 8.27%, making it an excellent investment opportunity for prospective homeowners.
The median home cost in Searsboro (zip 50242) is $192,400. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Searsboro (zip 50242) is up 15.8%.
Average Age of Homes
- The median age of Searsboro (zip 50242) real estate is 44 years old
The Rental Market in Searsboro (zip 50242)
- Renters make up 19.7% of the Searsboro (zip 50242) population
- 0.0% of houses and apartments in Searsboro (zip 50242), 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.