The housing in Lewis, IA is significantly lower than the US median value, at $106,800 compared to $338,100. However, appreciation has been strong in the area: the US saw a 1 year appreciation rate of 8.27%, while Lewis, IA experienced a 15.23% increase in their house values over the last year. This could indicate that now is an ideal time to invest in housing in Lewis, IA as the market shows strong signs of growth.
The median home cost in Lewis is $106,800. Home appreciation the last 10 years has been 69.7%. Home Appreciation in Lewis is up 15.4%.
Average Age of Homes
- The median age of Lewis real estate is 66 years old
The Rental Market in Lewis
- Renters make up 23.0% of the Lewis population
- 1.8% of houses and apartments in Lewis, 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.