The housing market in 50843 Cumberland, IA is booming. The median value of homes is $129,900, which is significantly lower than the US median value of $338,100. However, in the last year alone, the appreciation rate for homes in this area was 11.61%, compared to an 8.27% increase nationally. This data suggests that 50843 Cumberland is a great place to invest in real estate and could be a great opportunity for potential buyers to get into the housing market at a more affordable price.
The median home cost in Cumberland (zip 50843) is $129,900. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Cumberland (zip 50843) is up 15.1%.
Average Age of Homes
- The median age of Cumberland (zip 50843) real estate is 71 years old
The Rental Market in Cumberland (zip 50843)
- Renters make up 28.2% of the Cumberland (zip 50843) population
- 0.0% of houses and apartments in Cumberland (zip 50843), 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.