The housing in 51577 Walnut, IA is much more affordable than the US median house value. The current median value is $149,300 which is considerably lower than the national median of $338,100. What makes this area so attractive is the higher than average house appreciation rate. In the past year alone, homes have appreciated by 15.23%, far greater than the 8.27% appreciation rate of the US as a whole. It's no wonder that people are flocking to this area for their housing needs – there are affordable prices and high potential for capital gains.
The median home cost in Walnut (zip 51577) is $149,300. Home appreciation the last 10 years has been 69.7%. Home Appreciation in Walnut (zip 51577) is up 15.4%.
Average Age of Homes
- The median age of Walnut (zip 51577) real estate is 78 years old
The Rental Market in Walnut (zip 51577)
- Renters make up 25.1% of the Walnut (zip 51577) population
- 5.7% of houses and apartments in Walnut (zip 51577), 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.