The housing market in 50141 Laurel, IA is doing quite well with the median value of homes at $156,500. This is substantially lower than the US median of $338,100. However, despite the lower cost of housing, homes in this area have seen an appreciation of 10.80% which is higher than the US average of 8.27%. This makes Laurel a great choice for those looking for an affordable yet steadily appreciating property investment.
The median home cost in Laurel (zip 50141) is $156,500. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Laurel (zip 50141) is up 16.4%.
Average Age of Homes
- The median age of Laurel (zip 50141) real estate is 57 years old
The Rental Market in Laurel (zip 50141)
- Renters make up 28.1% of the Laurel (zip 50141) population
- 1.9% of houses and apartments in Laurel (zip 50141), 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.