The median value of housing in Rake, IA (50465) is $43,800, which is significantly lower than the US median value of $338,100. While the US housing appreciation rate was 8.27% over the past year, the appreciation rate for Rake was 11.88%, which is higher than the national average. This indicates that investing in housing in Rake may be a wise decision as it could yield higher returns than other parts of the country.
The median home cost in Rake (zip 50465) is $43,800. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Rake (zip 50465) is up 15.9%.
Average Age of Homes
- The median age of Rake (zip 50465) real estate is 70 years old
The Rental Market in Rake (zip 50465)
- Renters make up 22.9% of the Rake (zip 50465) population
- 0.0% of houses and apartments in Rake (zip 50465), 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.