The housing market in 50854 Mount Ayr, IA is thriving. The median value for a house in this area is $106,300 which is much lower than the US median value of $338,100. This makes housing in 50854 Mount Ayr, IA an appealing investment. In the last year the appreciation rate of homes has been 11.61%, which is considerably higher than the national average of 8.27%. This means that housing prices are growing steadily and provide potential for good returns on investment.
The median home cost in Mount Ayr (zip 50854) is $106,300. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Mount Ayr (zip 50854) is up 15.1%.
Average Age of Homes
- The median age of Mount Ayr (zip 50854) real estate is 56 years old
The Rental Market in Mount Ayr (zip 50854)
- Renters make up 25.8% of the Mount Ayr (zip 50854) population
- 0.8% of houses and apartments in Mount Ayr (zip 50854), 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.