51246 Rock Rapids, IA is an area with a very affordable housing market. The median value of homes in the area is $203,100 which is significantly lower than the US House median value of $338,100. Additionally, the one year appreciation rate for houses in 51246 Rock Rapids, IA has been 11.61%, which is 3.34% higher than the national average of 8.27%. This makes it an attractive option for those looking to buy a home or invest in real estate as there is potential for good returns on investment.
The median home cost in Rock Rapids (zip 51246) is $203,100. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Rock Rapids (zip 51246) is up 15.1%.
Average Age of Homes
- The median age of Rock Rapids (zip 51246) real estate is 55 years old
The Rental Market in Rock Rapids (zip 51246)
- Renters make up 17.3% of the Rock Rapids (zip 51246) population
- 6.6% of houses and apartments in Rock Rapids (zip 51246), 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.