The housing market in Leon, IA is a great investment opportunity for those looking to purchase a home. The median value of housing in the area is much lower than the US median at $93,900 compared to $338,100 respectively. The 1 year appreciation rate of house prices in Leon is also higher than the national average at 10.80%, versus 8.27%. This makes it an attractive option for potential homeowners who want to get more bang for their buck and leverage a stronger return on investment.
The median home cost in Leon is $93,900. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Leon is up 16.4%.
Average Age of Homes
- The median age of Leon real estate is 62 years old
The Rental Market in Leon
- Renters make up 37.6% of the Leon population
- 2.6% of houses and apartments in Leon, 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.