The housing market in Lamoni, IA is currently strong with the median house value being $108,100. This is significantly lower than the national median house value of $338,100, however it has seen impressive growth with a 1 year appreciation rate of 10.80%. This rate is higher than the national rate of 8.27%, which means that Lamoni, IA might be an attractive option for those looking to invest in real estate. With its low costs and high appreciation rate, Lamoni could be a great option for those looking for a place to call home.
The median home cost in Lamoni is $108,100. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Lamoni is up 16.4%.
Average Age of Homes
- The median age of Lamoni real estate is 45 years old
The Rental Market in Lamoni
- Renters make up 40.7% of the Lamoni population
- 1.2% of houses and apartments in Lamoni, 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.