The housing market in 50234 Rhodes, IA is significantly more affordable than the US median, with an average home value of $159,600. The appreciation rate for homes in this area is also higher than the US average at 13.50%, compared to 8.27%. With such a low median value and high rate of appreciation, investing in real estate in 50234 Rhodes could prove to be a wise decision for buyers looking to get into the housing market without breaking the bank.
The median home cost in Rhodes (zip 50234) is $159,600. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Rhodes (zip 50234) is up 15.8%.
Average Age of Homes
- The median age of Rhodes (zip 50234) real estate is 63 years old
The Rental Market in Rhodes (zip 50234)
- Renters make up 16.1% of the Rhodes (zip 50234) population
- 1.9% of houses and apartments in Rhodes (zip 50234), 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.