51016 Home Values & Market Trends

There are 1 homes currently listed for 51016. 51016 real estate market trends show that home prices range from $130,000 to $130,000, and the median sales price in the 51016 zip code is $121,442.4. The total number of properties sold within the past twelve months is 21. In 51016, 0 properties are in foreclosure, 0 are bank owned properties,and 0 are headed for auction.

51016 Real Estate Market Overview

CityMedian Est. Value
Correctionville

$ 130,000

$ 40/sqft

Housing Market Summary for 51016

Apr 2023March 2024Change
Median Listing Price$119K$86,162-27.59%
Median Sold Price$119.7K$86,162-28.04%
Homes For Sale12100.00%
Homes Sold39200.00%
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 51016

The median list price of a home in Correctionville, is $121,442.4. A total of 1 properties are for sale, and the percentage of properties for sale in the zip code is 1.00%. The total count of 51016 properties is 424.

Foreclosure
There is 1 cities within 51016; within this cities, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in 51016 with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 51016 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 51016; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 51016 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 51016. There is 1 cities within 51016; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 51016. Auction homes and other auction properties account for 0% of all properties in 51016. There is 1 cities within 51016; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.24% of residential properties in 51016 with correctionville containing 1 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 51016; homes for sale in that cities, have a range of median values from $130,000 in correctionville to the lowest value of $130,000 in correctionville.
    Sold Homes
    The median value for recently sold homes ranges from $180,090 in correctionville to the lowest price of $43,216 in correctionville. There is 1 cities within 51016. correctionville has 8 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.89% of properties in 51016.

      Compare Nearby Zip Codes

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      Guide for 51016

      Foreclosure
      Iowa Foreclosure Laws
      Market Reports
      Thriving Des Moines Real Estate Market Shows Robust Growth Through Early 2024
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      Home Buying Financing
      What To Consider Before Renting a RTO Home
      See More Articles
      Iowa Foreclosure Laws
      Foreclosure|posted 6 June 2013

      Iowa Foreclosure Laws

      Thriving Des Moines Real Estate Market Shows Robust Growth Through Early 2024
      Market Reports|posted 1 April 2024

      Des Moines’ real estate market experiences robust upward momentum, with property values increasing despite occasional fluctuations.

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      What To Consider Before Renting a RTO Home
      Home Buying Financing|posted 5 April 2024

      RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.

      Recently Listed Homes 51016

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