50662, Oelwein, IA

The 50662 zip code of Oelwein, IA has a median home value of $130,000. The home equity in this zip code is $49,000. This means that the average homeowner in this zip code has a net worth of $87,000. The average home price in this zip code increased by 5% from 2016 to 2017. This indicates that there is an increase in demand for homes in this area.

There are a number of factors that could be contributing to the increase in home prices in the 50662 zip code. One reason could be that there are more people moving into the area and wanting to purchase homes. Another reason could be that there are more people who are able to afford to buy homes due to an increase in their income or an increase in the value of their investments such as stocks or bonds.

Despite the fact that there has been an increase in home prices over the past few years, it is important to keep things perspective when looking at these numbers. For example, if you were looking to buy a home within this zip code, it would still make sense to do your research and compare different properties before making any decisions. Additionally, it is important not to get too caught up in the short-term fluctuations of the market and instead focus on long-term trends which will provide you with better information about where your money is going and whether or not you think it’s worth investing further into buying a property within this area