The housing market in 51242 Lester, IA is doing quite well. The median value for a house in this area is $172,800, which is significantly lower than the US median housing value of $338,100. In the last year alone, the appreciation rate for houses in 51242 Lester has been an impressive 11.61%, more than three percentage points higher than the national average of 8.27%. This makes it a great time to invest in real estate and take advantage of increasing property values in this area.
The median home cost in Lester (zip 51242) is $172,800. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Lester (zip 51242) is up 15.1%.
Average Age of Homes
- The median age of Lester (zip 51242) real estate is 54 years old
The Rental Market in Lester (zip 51242)
- Renters make up 12.6% of the Lester (zip 51242) population
- 3.7% of houses and apartments in Lester (zip 51242), 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.