Zip 51031 (Le Mars, IA) Housing

Housing in 51031 Le Mars, IA is very desirable right now due to its low median value of $218,500 compared to the US House Median Value of $338,100. In addition, the US 1 year House Appreciation rate is 8.27%, while the House 1 year appreciation rate in 51031 Le Mars, IA is a higher 10.62%. This makes it an attractive option for potential homebuyers who are looking for a good deal on their next purchase. With this combination of low housing prices and high appreciation rates, Le Mars, IA is a great place to invest in property.

The median home cost in Le Mars (zip 51031) is $218,500. Home appreciation the last 10 years has been 72.0%. Home Appreciation in Le Mars (zip 51031) is up 12.4%.

Average Age of Homes

- The median age of Le Mars (zip 51031) real estate is 48 years old

The Rental Market in Le Mars (zip 51031)

- Renters make up 20.7% of the Le Mars (zip 51031) population
- 1.7% of houses and apartments in Le Mars (zip 51031), 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	Le Mars, Iowa	United States
	5,329.0	139,647,020.0
	49	42
	$218,500	$338,100
	12.4%	16.6%
	42.6%	57.0%
	72.0%	101.1%
	$12.59	$10.98
	$2,170	$2,690
	67.4%	57.4%
	5.8%	11.2%
	26.8%	31.4%
Vacant Housing
	1.7%	1.9%
	0.6%	0.4%
	1.5%	0.7%
	0.1%	0.4%
	0.0%	3.6%
	1.9%	4.1%
Value of Owner-Occupied Housing
	3.1%	2.6%
	2.8%	2.4%
	1.5%	2.8%
	4.1%	3.9%
	4.8%	4.5%
	22.6%	11.3%
	24.0%	13.0%
	17.4%	20.1%
	14.2%	13.6%
	3.3%	8.3%
	1.7%	9.7%
	0.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	9.6%	13.6%
	9.6%	13.6%
	15.2%	13.6%
	7.6%	13.2%
	16.1%	14.8%
	15.2%	13.6%
	7.8%	10.0%
	3.1%	4.7%
	24.6%	12.2%

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