The housing market in Lee, IA County is on a steady incline, with the median value for homes in the area being $112,200. This is significantly lower than the US House Median Value of $338,100. Despite this difference, both markets have seen an approximate 8% appreciation in their values over the past year. Investors looking for a good return on investment may find Lee County to be a great place to look into as it offers potential returns without sacrificing too much in terms of home value.
The median home cost in Lee County is $112,200. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Lee County is up 15.1%.
Average Age of Homes
- The median age of Lee County real estate is 61 years old
The Rental Market in Lee County
- Renters make up 22.9% of the Lee County population
- 1.7% of houses and apartments in Lee County, 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.