The housing in Lu Verne, IA is relatively affordable with a median value of $90,000. This is significantly lower than the US House Median Value of $338,100 and is a great option for those looking to purchase a home in the area. While the US House Appreciation rate was 8.27% over the last year, Lu Verne saw an even greater appreciation rate of 9.93%, indicating that now may be an excellent time to invest or buy in the area.
The median home cost in Lu Verne is $90,000. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Lu Verne is up 14.4%.
Average Age of Homes
- The median age of Lu Verne real estate is 67 years old
The Rental Market in Lu Verne
- Renters make up 17.5% of the Lu Verne population
- 2.4% of houses and apartments in Lu Verne, 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.