51578 Westphalia, IA has a housing median value of $102,200, which is much lower than the US housing median value of $338,100. However, the 1 year house appreciation in 51578 Westphalia, IA is 15.23%, which is significantly higher than the US 1 year house appreciation of 8.27%. This demonstrates that 51578 Westphalia, IA is an attractive location for real estate investment and development. The high appreciation rate suggests that despite the low housing median value in the area, there could be strong potential for homeowners to see a return on investment over time.
The median home cost in Westphalia (zip 51578) is $102,200. Home appreciation the last 10 years has been 69.7%. Home Appreciation in Westphalia (zip 51578) is up 15.4%.
Average Age of Homes
- The median age of Westphalia (zip 51578) real estate is 53 years old
The Rental Market in Westphalia (zip 51578)
- Renters make up 25.6% of the Westphalia (zip 51578) population
- 0.0% of houses and apartments in Westphalia (zip 51578), 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.