Zip 51449 (Lake City, IA) Housing

The housing market in 51449 Lake City, IA is particularly robust. The median value of a home in the city is $109,000, which is significantly lower than the US median value of $338,100. This makes it an attractive option for those looking to purchase a new home. Additionally, the one-year appreciation rate for homes in the area is 11.61%, which is higher than the national average of 8.27%. As such, homeowners can expect to see their investments appreciate over time and should enjoy many years of enjoyment from their property.

The median home cost in Lake City (zip 51449) is $109,000. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Lake City (zip 51449) is up 15.1%.

Average Age of Homes

- The median age of Lake City (zip 51449) real estate is 72 years old

The Rental Market in Lake City (zip 51449)

- Renters make up 20.0% of the Lake City (zip 51449) population
- 1.7% of houses and apartments in Lake City (zip 51449), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lake City, Iowa	United States
	897.0	139,647,020.0
	64	42
	$109,000	$338,100
	15.1%	16.6%
	42.9%	57.0%
	63.9%	101.1%
	$16.37	$10.98
	$1,483	$2,690
	72.8%	57.4%
	10.4%	11.2%
	16.8%	31.4%
Vacant Housing
	1.7%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	1.9%	0.4%
	0.0%	3.6%
	6.8%	4.1%
Value of Owner-Occupied Housing
	2.0%	2.6%
	9.6%	2.4%
	10.3%	2.8%
	17.2%	3.9%
	17.0%	4.5%
	12.7%	11.3%
	7.7%	13.0%
	17.5%	20.1%
	2.3%	13.6%
	1.5%	8.3%
	2.3%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.0%	13.6%
	4.0%	13.6%
	4.3%	13.6%
	3.8%	13.2%
	16.7%	14.8%
	4.3%	13.6%
	11.8%	10.0%
	4.7%	4.7%
	37.0%	12.2%

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