The housing market in Jamaica, IA (50128) is performing quite well compared to the national average. The median value of homes in Jamaica is $114,500, which is significantly lower than the national median value of $338,100. However, the one-year appreciation rate for houses in Jamaica is higher than the national rate at 10.80%, indicating a healthy and growing housing market. Houses in Jamaica are also a valuable investment option as their year-over-year appreciation rate exceeds the national average.
The median home cost in Jamaica (zip 50128) is $114,500. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Jamaica (zip 50128) is up 16.4%.
Average Age of Homes
- The median age of Jamaica (zip 50128) real estate is 59 years old
The Rental Market in Jamaica (zip 50128)
- Renters make up 16.0% of the Jamaica (zip 50128) population
- 2.9% of houses and apartments in Jamaica (zip 50128), 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.