Housing in 51012 Cherokee, IA is relatively affordable compared to the national average. The median value for housing in 51012 Cherokee, IA is $125,800 while the national median value is $338,100. Furthermore, the one-year appreciation rate of homes in 51012 Cherokee, IA is 10.62%, which is higher than the national one-year appreciation rate of 8.27%. This suggests that housing in 51012 Cherokee, IA has been appreciating at a rapid pace and could be a good investment opportunity for those looking to purchase or rent a home in this area.
The median home cost in Cherokee (zip 51012) is $125,800. Home appreciation the last 10 years has been 72.0%. Home Appreciation in Cherokee (zip 51012) is up 12.4%.
Average Age of Homes
- The median age of Cherokee (zip 51012) real estate is 61 years old
The Rental Market in Cherokee (zip 51012)
- Renters make up 27.8% of the Cherokee (zip 51012) population
- 0.0% of houses and apartments in Cherokee (zip 51012), 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.