50539, Fenton, IA

The home equity and home prices in the 50539 zip code of Fenton, IA are reflective of the overall market conditions in the area. The median home value in this zip code is $137,500, which is lower than the statewide median home value of $177,600. However, this does not mean that homes in this zip code are necessarily less valuable than homes elsewhere in Iowa. In fact, according to Zillow’s Home Value Index, homes in this zip code are actually worth 2% more than homes statewide.

One reason for this discrepancy may be that there is a higher concentration of expensive homes in this zip code. The top five ZIP codes with the highest median home values nationwide are all located here in Iowa: 51501 (Des Moines), 50502 (West Des Moines), 50503 (Urbandale), 50604 (Ankeny), and 50607 (Ames). These high-priced neighborhoods may be contributing to the higher median home values here in Fenton.

However, even if you live outside one of these pricier ZIP codes, your home may still be worth a significant amount if it is located within a desirable neighborhood. According to Zillow’s Home Value Index, homes within 25 miles of downtown Des Moines are worth an average of $183K – significantly more than the statewide average of $158K. So whether you live near or far from downtown Fenton, your property is likely worth at least a few hundred thousand dollars.