The housing market in 50860 Redding, IA is thriving. According to the data, the median value of homes in this area is $247,600, significantly lower than the US House Median Value of $338,100. However, the one year house appreciation rate for Redding is 11.61%, which is more than 3% higher than the US 1 year House Appreciation rate of 8.27%. This demonstrates that Redding's housing market is growing and outperforming other parts of the country. Homeowners in this area can expect their investments to continue to increase over time.
The median home cost in Redding (zip 50860) is $247,600. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Redding (zip 50860) is up 15.1%.
Average Age of Homes
- The median age of Redding (zip 50860) real estate is 66 years old
The Rental Market in Redding (zip 50860)
- Renters make up 5.3% of the Redding (zip 50860) population
- 0.0% of houses and apartments in Redding (zip 50860), 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.