Luxemburg, IA is a great place to live for people looking for an affordable and appreciating housing market. The median value of a house in Luxemburg is $179,700, which is considerably lower than the US House Median Value of $338,100. In the last year, houses in Luxemburg have appreciated by 11.30%, while the US 1 year house appreciation rate was 8.27%. This higher appreciation rate could be an attractive feature to potential home buyers looking to invest their money into a growing housing market.
The median home cost in Luxemburg is $179,700. Home appreciation the last 10 years has been 55.3%. Home Appreciation in Luxemburg is up 13.6%.
Average Age of Homes
- The median age of Luxemburg real estate is 53 years old
The Rental Market in Luxemburg
- Renters make up 10.7% of the Luxemburg population
- 0.0% of houses and apartments in Luxemburg, 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.