The housing market in Lamont, IA is very affordable compared to the US median at a value of $121,900. Not only is it more affordable, but it has also appreciated significantly in the past year with an appreciation rate of 11.21%, which is higher than the US average appreciation rate of 8.27%. This makes Lamont a great option for those looking to invest in real estate or purchase a home for themselves.
The median home cost in Lamont is $121,900. Home appreciation the last 10 years has been 51.2%. Home Appreciation in Lamont is up 13.3%.
Average Age of Homes
- The median age of Lamont real estate is 78 years old
The Rental Market in Lamont
- Renters make up 11.4% of the Lamont population
- 2.3% of houses and apartments in Lamont, 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.