The housing market in 50560 Lu Verne, IA is performing quite well compared to the US average. The median value of a house in 50560 Lu Verne, IA is $102,600 which is significantly lower than the national median of $338,100. Additionally, the one year appreciation rate for housing in 50560 Lu Verne, IA stands at 9.93%, higher than the national average of 8.27%. This indicates that the housing market in 50560 Lu Verne, IA has been performing strong and shows potential for long-term growth in the future.
The median home cost in Lu Verne (zip 50560) is $102,600. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Lu Verne (zip 50560) is up 14.4%.
Average Age of Homes
- The median age of Lu Verne (zip 50560) real estate is 75 years old
The Rental Market in Lu Verne (zip 50560)
- Renters make up 15.7% of the Lu Verne (zip 50560) population
- 1.1% of houses and apartments in Lu Verne (zip 50560), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.