The housing market in Lamoni, IA 50140 is highly competitive. According to recent data, the median value of houses in the area is currently $112,400. Comparatively, this value is much lower than the US House Median Value of $338,100. Additionally, while the US has seen an 8.27% appreciation in house values over one year, Lamoni has seen a 10.80% appreciation rate during that same time frame. This trend indicates that housing in Lamoni is becoming more desirable and may become an increasingly valuable investment for those looking to buy property in the area.
The median home cost in Lamoni (zip 50140) is $112,400. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Lamoni (zip 50140) is up 16.4%.
Average Age of Homes
- The median age of Lamoni (zip 50140) real estate is 44 years old
The Rental Market in Lamoni (zip 50140)
- Renters make up 36.2% of the Lamoni (zip 50140) population
- 1.0% of houses and apartments in Lamoni (zip 50140), 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.