51439, Charter Oak, IA

The 51439 zip code of Charter Oak, IA has a median home value of $128,900. This is lower than the Iowa median home value of $174,500. The 51439 zip code also has a lower percentage of homeownership than the Iowa state average of 69%.

There are several factors that could contribute to the lower home values in the 51439 zip code. One reason may be that Charter Oak is a smaller town with fewer homes for sale and therefore less competition for buyers. Additionally, Charter Oak may have a higher rate of foreclosure or short sales than other areas in Iowa, which could lead to decreased demand and lowered prices.

Despite these factors, there are still some homeowners in the 51439 zip code who are able to purchase homes at a reasonable price. It is important to note that while home values in this area may be lower than average, they are not necessarily low compared to other areas in Iowa.