Zip 50568 (Newell, IA) Housing

The housing market in 50568 Newell, IA is doing very well compared to the national median. The median value of a home in this area is $136,200, which is significantly lower than the US median of $338,100. Furthermore, the 1 year appreciation rate for homes in this area is 9.93%, which is higher than the national appreciation rate of 8.27%. This indicates that now may be a great time to invest in real estate in 50568 Newell, IA as house values are likely to continue appreciating.

The median home cost in Newell (zip 50568) is $136,200. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Newell (zip 50568) is up 14.4%.

Average Age of Homes

- The median age of Newell (zip 50568) real estate is 57 years old

The Rental Market in Newell (zip 50568)

- Renters make up 17.5% of the Newell (zip 50568) population
- 2.4% of houses and apartments in Newell (zip 50568), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Newell, Iowa	United States
	585.0	139,647,020.0
	69	42
	$136,200	$338,100
	14.4%	16.6%
	37.6%	57.0%
	64.5%	101.1%
	$13.43	$10.98
	$1,433	$2,690
	73.2%	57.4%
	7.9%	11.2%
	19.0%	31.4%
Vacant Housing
	2.4%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.3%	3.6%
	5.1%	4.1%
Value of Owner-Occupied Housing
	4.4%	2.6%
	4.4%	2.4%
	9.1%	2.8%
	13.3%	3.9%
	15.0%	4.5%
	19.2%	11.3%
	8.9%	13.0%
	17.5%	20.1%
	1.6%	13.6%
	0.0%	8.3%
	6.5%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.5%	13.6%
	6.5%	13.6%
	2.9%	13.6%
	4.1%	13.2%
	14.2%	14.8%
	2.9%	13.6%
	12.1%	10.0%
	8.2%	4.7%
	39.3%	12.2%

Reviews for Newell

See all (0)

Write a Review

Start Your Review of Newell

Commute

The premier source for comprehensive city data for over 30 years.

��