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Featured local agent — Luxemburg, IA
Sarah Mitchell
Compass Real Estate · Luxemburg, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Luxemburg, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$290,000median sale price
How is the Luxemburg, IA housing market right now?
The median home sale price in Luxemburg, IA is $290,000. Homes sell in an average of 71 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of June 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Luxemburg a buyer's or seller's market?
Luxemburg, IA is currently a leaning buyer's and homes selling in about 71 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
71
Average pace
Active listings
—
Sale-to-list
96.7%
Below asking
What does the Luxemburg housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $290,000 |
| Average days on market | 71 days |
| Sale-to-list price ratio | 96.7% |
| Median price per sq ft | $65/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Luxemburg by property type?
How the Luxemburg, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $290,000 | $65/sq ft | 1 | 71 days |
Source: Redfin · Updated monthly
The Luxemburg housing market is currently classified as a leaning buyer's with a median sale price of $290,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 71 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.1x provides context for how home values compare to local earning capacity.
Homes for sale in Luxemburg
Explore homes currently listed for sale in Luxemburg, Iowa across major real estate platforms.
Who lives in Luxemburg?
Population
230
Median income
$77,292/yr
Median age
42.9 years
Owner-occupied
95.6%
College grads
19.7%
Avg commute
20.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Luxemburg?
Zillow home value
$236,621
Price-to-income
3.1x
Source: Zillow Research
What is it like to live in Luxemburg?
Luxemburg is a community of approximately 0K residents with a median age of 42.9 years.The median household income is $77,292, which reflects a relatively affluent area with strong earning potential. 19.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 95.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Luxemburg offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Luxemburg, IA?
Want a head-to-head view? Compare Luxemburg side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Luxemburg?
The median home sale price in Luxemburg is $290,000, down 0.0% from last year.
How long do homes stay on market in Luxemburg?
Homes typically spend 71 days on market before going under contract.
What is the median income in Luxemburg?
The median household income is $77,292 per year.
What is the Zillow home value estimate for Luxemburg?
The Zillow Home Value Index (ZHVI) for Luxemburg is $236,621, representing the typical home value in the area.
How much does a single-family home cost in Luxemburg?
The median single-family home price in Luxemburg, IA is $290,000 (about $65 per square foot).
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