Lorimor, IA—50149
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lorimor, IA
As of Oct '25, the median home price in Lorimor, IA is $240,000, with a year-over-year change of 5.7%. This indicates that home prices in Lorimor, IA are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $240,000 | 5.7% |
| Single Family | $240,000 | 5.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $153,000 | 5.5% |
3 Bed | $260,000 | 4.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lorimor, IA
Lorimor, IA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lorimor, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Lorimor, IA is 122. This is a decrease of -18.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $339,000 | -8.0% |
Listing Count | 8 | 123.0% |
| Listings as % of Homes | 1.0% | 123.0% |
Days on Market | 122 | -18.0% |
Demographics — Lorimor, IA
As of the latest ACS Survey released in 2023, Lorimor, IA has a population of 900, which has remained stable by -0.3% over the past 5 years. Lorimor, IA is a popular place for families, as children make up 32.7% of the population. The area has a poorly educated workforce, with 21.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 900 | -0.3% |
% Under 18 | 32.7% | 48.0% |
% Seniors | 13.6% | -35.2% |
% WFH | 9.5% | 48.4% |
% w/ College Degree | 21.3% | 91.9% |
As of the latest ACS Survey released in 2023, Lorimor, IA is a predominantly white area, with 94.3% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Lorimor, IA is hispanic, making up 2.6% of the population. Foreign-born residents account for 0.2% of the population in Lorimor, IA, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.3% | -4.4% |
% Black | 0.0% | N/A |
% Hispanic | 2.6% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.2% | ∞% |
Mortgage and Risk — Lorimor, IA
Lorimor, IA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Lorimor, IA
Lorimor, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 6.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $810 |
| 2 Bedroom | N/A | N/A | $980 |
| 3 Bedroom | N/A | N/A | $1,330 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — Lorimor, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $240,000 |
| Median Household Income | $68,300 |