51240, Inwood, IA

Inwood, IA is located in the 51240 zip code. According to the 2010 census, Inwood has a population of 2,868. The median household income in Inwood is $86,903 and the median family income is $102,527. Home equity and home prices are important factors to consider when evaluating a neighborhood.

Home equity refers to the value of a homeowner's home minus any outstanding mortgages or other liens on the property. Home prices are based on a variety of factors including location, size and condition of the home, as well as recent trends in the local market.

According to Zillow®, Inwood has an average home value of $191,000 and an average home equity value of $146,000. This means that homeowners in Inwood have more than 50% equity in their homes compared to 28% nationwide. Additionally, while there was a slight decrease in home values from 2007-2010 (-3%), values have since recovered and are now trending upwards again (+4%).

While it's important to remember that no two neighborhoods are alike and each will have its own unique features and characteristics that should be considered when making purchasing decisions, it's safe to say that homeownership opportunities abound in Inwood – especially given current market conditions!