The housing market in 50674 Sumner, IA is booming with a median value of $156,200. This is much lower than the US median house value of $338,100. However, Sumner has seen a greater appreciation in their housing market over the past year with an increase of 11.21%, compared to the US's 8.27%. As such, this is an ideal location for people looking for more affordable housing options that will be likely to appreciate over time.
The median home cost in Sumner (zip 50674) is $156,200. Home appreciation the last 10 years has been 51.2%. Home Appreciation in Sumner (zip 50674) is up 13.3%.
Average Age of Homes
- The median age of Sumner (zip 50674) real estate is 77 years old
The Rental Market in Sumner (zip 50674)
- Renters make up 15.4% of the Sumner (zip 50674) population
- 1.4% of houses and apartments in Sumner (zip 50674), 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.