Housing in Lucas, MN is an attractive option for potential buyers. The median value of a home in Lucas is $255,100 which is significantly lower than the US House median of $338,100. Additionally, the 1 year appreciation rate of houses in Lucas is 13.39%, higher than the national average 8.27%. This makes Lucas a great place to invest in real estate as it not only offers affordable prices but also a higher return on investment.
The median home cost in Lucas is $255,100. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Lucas is up 12.6%.
Average Age of Homes
- The median age of Lucas real estate is 78 years old
The Rental Market in Lucas
- Renters make up 21.6% of the Lucas population
- 0.0% of houses and apartments in Lucas, 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.