The housing market in 50151 Lucas, IA has been performing better than the national average. The median value of homes in the area is $187,900 compared to the US median value of $338,100. Over the past year, real estate appreciation has been 10.80% in Lucas, IA which is higher than the US average of 8.27%. This indicates that real estate prices in Lucas are keeping pace with inflation and are a safe investment for potential homeowners.
The median home cost in Lucas (zip 50151) is $187,900. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Lucas (zip 50151) is up 16.4%.
Average Age of Homes
- The median age of Lucas (zip 50151) real estate is 42 years old
The Rental Market in Lucas (zip 50151)
- Renters make up 8.0% of the Lucas (zip 50151) population
- 0.0% of houses and apartments in Lucas (zip 50151), 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.