50436, Forest City, IA

Forest City, Iowa is located in the Central Iowa region and has a population of around 10,000. The zip code 50436 has a median household income of $51,000 and a median home value of $128,000. Forest City is one of the most affordable places to live in Iowa and has seen an increase in home equity values over the past few years.

The average home value in Forest City increased by 8% from 2016 to 2017. This trend is likely to continue as there are many new homes being built in the area and more people are able to afford them. In addition, Forest City has seen an increase in home equity values relative to other areas of Iowa. The average home value in Des Moines County increased by only 3% during this time period while it increased by 11% in Polk County and 14% in Warren County.

Home equity is important for many reasons. It can provide individuals with a cushion against unexpected expenses or downturns in the economy, it can help individuals save for retirement or other long-term goals, and it can be used as collateral for loans. Home equity values have been increasing nationwide for several years now and they are likely to continue doing so for some time as long as interest rates remain low.