The housing market in 50216 Lake Panorama, IA is doing extremely well. The median value of homes is currently $404,000 compared to the US median of $338,100. In the last year, house values have appreciated 13.50%, significantly higher than the US average appreciation rate of 8.27%. This indicates that the real estate market in this area is booming and a great opportunity for investors or those looking to buy or rent a home in this location.
The median home cost in Lake Panorama (zip 50216) is $404,000. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Lake Panorama (zip 50216) is up 15.8%.
Average Age of Homes
- The median age of Lake Panorama (zip 50216) real estate is 35 years old
The Rental Market in Lake Panorama (zip 50216)
- Renters make up 9.0% of the Lake Panorama (zip 50216) population
- 1.6% of houses and apartments in Lake Panorama (zip 50216), 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.