The housing market in Thornton, IA (zip code 50479) has been booming recently. The median value of a house in the area is $109,900, much lower than the national average of $338,100. In the past year, the appreciation rate has been especially high at 11.88%, much higher than the US average of 8.27%. This increase in value means that this is an ideal time to buy or sell a home in Thornton and take advantage of the current market conditions.
The median home cost in Thornton (zip 50479) is $109,900. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Thornton (zip 50479) is up 15.9%.
Average Age of Homes
- The median age of Thornton (zip 50479) real estate is 78 years old
The Rental Market in Thornton (zip 50479)
- Renters make up 20.1% of the Thornton (zip 50479) population
- 3.1% of houses and apartments in Thornton (zip 50479), 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.