How much does it cost to buy a house in Luzerne, IA?

In August 2026 Luzerne homes were listed to buy for a median price of $159K, which is a 16% decrease to July 2025 last month, and a 15% decrease to August 2025 last year. The median value of a home listed to buy in Luzerne in August 2026 was $63 per sqft, which is a 46% decrease to July 2025 last month, and a 45% decrease to August 2025 last year.

Is it affordable or expensive to live in Luzerne, IA?

It is affordable to live in Luzerne. Buying a home in Luzerne is 0% less expensive compared with the national average.

Is it a good time to buy property in Luzerne, IA?

Yes now is a good time to buy property in Luzerne, in August 2026, homes in Luzerne have decreased in value (price per sqft) by 45% in the last year compared with August 2025.

Is the Luzerne, IA housing market slowing down?

The housing market in Luzerne is slowing down. In August 2026, homes to buy in Luzerne spent an median 14 days on the market, a 30% decrease from August 2025 last year.

How much money should I make to buy a house in Luzerne, IA?

In August 2026, Luzerne homes were listed to buy for a median price of $159K, with 25% down you would need $985/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $33.7K.

Is it a good time to sell my house in Luzerne, IA?

Yes now is a good time to sell your house in Luzerne, in August 2026, homes in Luzerne have decreased in value (price per sqft) by 45% in the last year compared with August 2025.