51055, Sloan, IA

The home equity and home prices in the 51055 zip code of Sloan, IA are reflective of the overall market conditions in the area. The median home value in this zip code is $128,000, which is significantly lower than the statewide median home value of $236,400. However, despite this disparity, there has been an increase in home values over the past few years. In fact, since 2013 there has been a cumulative increase of 9.5% in home values within this zip code. This trend is likely due to a number of factors including low unemployment rates and strong economic growth within Iowa as a whole.

Despite these positive trends, it is important to keep in mind that not all homes within this zip code are worth the same amount. The average price per square foot for homes within this zip code is $106 which is higher than the statewide average price per square foot of $98. This indicates that homes located closer to downtown or other high-traffic areas may be more expensive than those located further away from major population centers. Additionally, while there has been an increase in home values over recent years, it is important to remember that prices can and do fluctuate – so it’s always important to consult with a real estate agent if you are interested in purchasing a property within this zip code.