50008, Allerton, IA

The 50008 zip code of Allerton, IA has a median home value of $137,500 and a median home equity value of $101,000. This is higher than the Iowa median home value of $119,700 and the national median home equity value of $106,200. The 50008 zip code also has a lower than average percentage of homeowners with negative equity (less than 20% compared to the Iowa state average of 34%) and a higher percentage of homeowners with positive equity (more than 80% compared to the Iowa state average of 63%).

There are several factors that may contribute to these high home values in the 50008 zip code. First, Allerton is located in an affluent area with plenty of jobs and opportunities for growth. Second, many homes in this area were built in the 1970s and 1980s, which are considered some of the most stable years for housing prices. Finally, there is little competition for homes in this area due to its limited population size. As a result, buyers have more room to negotiate on price and get more money for their property.