Zip 50586 (Somers, IA) Housing

The housing market in Somers, IA (50586) is looking quite strong. The median value of homes in the area is $147,300, which is significantly lower than the US median value of $338,100. However, the 1 year house appreciation rate for Somers is higher than the national average at 9.93%. This suggests that home prices are increasing quickly and could be a great option for those looking to invest in real estate.

The median home cost in Somers (zip 50586) is $147,300. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Somers (zip 50586) is up 14.4%.

Average Age of Homes

- The median age of Somers (zip 50586) real estate is 59 years old

The Rental Market in Somers (zip 50586)

- Renters make up 31.2% of the Somers (zip 50586) population
- 0.0% of houses and apartments in Somers (zip 50586), 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	Somers, Iowa	United States
	144.0	139,647,020.0
	53	42
	$147,300	$338,100
	14.4%	16.6%
	37.6%	57.0%
	64.5%	101.1%
	$15.07	$10.98
	$739	$2,690
	75.7%	57.4%
	19.4%	11.2%
	4.9%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	19.4%	4.1%
Value of Owner-Occupied Housing
	10.1%	2.6%
	7.3%	2.4%
	3.7%	2.8%
	14.7%	3.9%
	11.9%	4.5%
	8.3%	11.3%
	28.4%	13.0%
	15.6%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	19.4%	13.6%
	19.4%	13.6%
	9.0%	13.6%
	2.1%	13.2%
	12.5%	14.8%
	9.0%	13.6%
	8.3%	10.0%
	1.4%	4.7%
	27.8%	12.2%

Reviews for Somers

See all (0)

Write a Review

Start Your Review of Somers

Commute

The premier source for comprehensive city data for over 30 years.