The housing market in Loma, MT is booming. The median value of a house is $195,500 which is significantly lower than the US median value of $338,100. In the last year alone, the US median house appreciation rate was 8.27%, yet in Loma it was an impressive 20.18%. This suggests that houses in Loma are very desirable and have been increasing in value at a higher rate than the national average for some time now. With such high appreciation rates and low prices, it is no wonder why people are flocking to Loma as their next destination for homeownership.
The median home cost in Loma is $195,500. Home appreciation the last 10 years has been 80.8%. Home Appreciation in Loma is up 20.3%.
Average Age of Homes
- The median age of Loma real estate is 75 years old
The Rental Market in Loma
- Renters make up 20.4% of the Loma population
- 0.0% of houses and apartments in Loma, 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.