The housing market in 51450 Lake View, IA is experiencing rapid growth. The median value of homes in the area is $190,300, significantly lower than the national median home value of $338,100. Additionally, the 1 year appreciation rate of homes in 51450 Lake View is 11.61%, higher than the US average of 8.27%. This indicates that the housing market in this region is growing quickly and could be a great opportunity for potential home buyers or investors.
The median home cost in Lake View (zip 51450) is $190,300. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Lake View (zip 51450) is up 15.1%.
Average Age of Homes
- The median age of Lake View (zip 51450) real estate is 57 years old
The Rental Market in Lake View (zip 51450)
- Renters make up 12.0% of the Lake View (zip 51450) population
- 0.6% of houses and apartments in Lake View (zip 51450), 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.