The housing market in Lyon, IA County is quite strong. The median value of homes in the area is currently $181,600, which is significantly lower than the US House Median Value of $338,100. Despite this gap in prices, Lyon County has seen a remarkable one-year appreciation rate of 12.55%, which is higher than the US average of 8.27%. This appreciation rate indicates that houses and property values are steadily climbing and providing homeowners with great returns on their investments. Therefore, it's no surprise that many people are drawn to this area as a great place to purchase or invest in real estate.
The median home cost in Lyon County is $181,600. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Lyon County is up 15.1%.
Average Age of Homes
- The median age of Lyon County real estate is 57 years old
The Rental Market in Lyon County
- Renters make up 16.4% of the Lyon County population
- 2.7% of houses and apartments in Lyon 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.