The housing market in Lacona, IA is thriving. The median value of homes in the area is $214,800, which is significantly lower than the US median value of $338,100. Additionally, the one-year house appreciation rate in Lacona is 10.80%, which is higher than the national average of 8.27%. This suggests that Lacona's real estate market has been steadily increasing in value over the last year and makes it an attractive option for potential home buyers interested in obtaining a great deal on their next purchase.
The median home cost in Lacona is $214,800. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Lacona is up 16.4%.
Average Age of Homes
- The median age of Lacona real estate is 57 years old
The Rental Market in Lacona
- Renters make up 26.1% of the Lacona population
- 3.7% of houses and apartments in Lacona, 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.