Lorimor, IA (50149) is a great place to consider when looking for a home. The median housing value in the area is $149,100, which is significantly lower than the US median housing value of $338,100. In addition, the 1 year house appreciation rate in Lorimor is 10.80%, higher than the US appreciation rate of 8.27%. This makes Lorimor an attractive option for potential home-buyers who are looking for a stable and affordable home market.
The median home cost in Lorimor (zip 50149) is $149,100. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Lorimor (zip 50149) is up 16.4%.
Average Age of Homes
- The median age of Lorimor (zip 50149) real estate is 52 years old
The Rental Market in Lorimor (zip 50149)
- Renters make up 16.0% of the Lorimor (zip 50149) population
- 4.1% of houses and apartments in Lorimor (zip 50149), 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.