Housing in 50616 Charles City, IA is quite affordable with the median value being $118,000. This is substantially lower than the US median house value of $338,100. The US has seen an 8.27% appreciation in housing values over the past year; however, Charles City has seen an even greater appreciation rate of 11.21%. This indicates that it's a great time to invest or purchase housing in the area.
The median home cost in Charles City (zip 50616) is $118,000. Home appreciation the last 10 years has been 51.2%. Home Appreciation in Charles City (zip 50616) is up 13.3%.
Average Age of Homes
- The median age of Charles City (zip 50616) real estate is 58 years old
The Rental Market in Charles City (zip 50616)
- Renters make up 30.1% of the Charles City (zip 50616) population
- 0.2% of houses and apartments in Charles City (zip 50616), 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.