The housing market in 50675 Traer, IA is thriving. The median value of housing in the area is $147,100, which is significantly lower than the US House Median Value of $338,100. Additionally, the 1 year House Appreciation rate for the area is 11.21%, while the national rate is 8.27%. This suggests that housing values are increasing at a faster rate in 50675 Traer than in other areas of the US. As such, this could be a great opportunity for those looking to purchase property in this area.
The median home cost in Traer (zip 50675) is $147,100. Home appreciation the last 10 years has been 51.2%. Home Appreciation in Traer (zip 50675) is up 13.3%.
Average Age of Homes
- The median age of Traer (zip 50675) real estate is 67 years old
The Rental Market in Traer (zip 50675)
- Renters make up 26.8% of the Traer (zip 50675) population
- 0.8% of houses and apartments in Traer (zip 50675), 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.