The housing market in Lockridge, IA is thriving. The median value of homes in the area is $152,700, which is much lower than the US median value of $338,100. Additionally, the 1-year appreciation rate for housing in the area has shown strong growth at 11.61%, significantly higher than the US average of 8.27%. This shows that home values are steadily increasing in Lockridge and makes it an attractive place to purchase a new home or invest in real estate.
The median home cost in Lockridge is $152,700. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Lockridge is up 15.1%.
Average Age of Homes
- The median age of Lockridge real estate is 55 years old
The Rental Market in Lockridge
- Renters make up 18.0% of the Lockridge population
- 0.0% of houses and apartments in Lockridge, 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.