The housing market in Cromwell, IA (50842) is currently booming. The median value for homes in the area is $81,800, which is significantly lower than the national median of $338,100. This makes Cromwell a great option for those looking for a more affordable home. Furthermore, the 1 year house appreciation rate in Cromwell is 11.61%, which is higher than the US 1 year house appreciation rate of 8.27%. This means that investing in a home in Cromwell now could be a wise decision as it could increase substantially in value over time.
The median home cost in Cromwell (zip 50842) is $81,800. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Cromwell (zip 50842) is up 15.1%.
Average Age of Homes
- The median age of Cromwell (zip 50842) real estate is 78 years old
The Rental Market in Cromwell (zip 50842)
- Renters make up 13.9% of the Cromwell (zip 50842) population
- 0.0% of houses and apartments in Cromwell (zip 50842), 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.