Letts, IA is an area where housing is significantly more affordable than the national average. The median value for a home in Letts, IA is $211,700 while the US median housing value is $338,100. Additionally, the 1 year house appreciation rate in Letts, IA is 11.21%, which is significantly higher than the national appreciation rate of 8.27%. This means that over the past year, residents of Letts have experienced a larger increase in housing values than most other places across the country. This makes it an attractive area for prospective homeowners looking for an affordable and growing market.
The median home cost in Letts (zip 52754) is $211,700. Home appreciation the last 10 years has been 54.0%. Home Appreciation in Letts (zip 52754) is up 12.8%.
Average Age of Homes
- The median age of Letts (zip 52754) real estate is 68 years old
The Rental Market in Letts (zip 52754)
- Renters make up 10.8% of the Letts (zip 52754) population
- 0.0% of houses and apartments in Letts (zip 52754), 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.