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Featured local agent — Luzerne, IA
Sarah Mitchell
Compass Real Estate · Luzerne, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Luzerne, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$17,000median sale price
How is the Luzerne, IA housing market right now?
The median home sale price in Luzerne, IA is $17,000. Homes sell in an average of 7 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Luzerne a buyer's or seller's market?
Luzerne, IA is currently a balanced market and homes selling in about 7 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
7
Fast-moving
Active listings
—
Sale-to-list
—
Below asking
What does the Luzerne housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $17,000 |
| Average days on market | 7 days |
| Median price per sq ft | $18/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Luzerne by property type?
How the Luzerne, 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 | $17,000 | $18/sq ft | 1 | 7 days |
Source: Redfin · Updated monthly
The Luzerne housing market is currently classified as a balanced market with a median sale price of $17,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 7 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 3.9x provides context for how home values compare to local earning capacity.
Homes for sale in Luzerne
Explore homes currently listed for sale in Luzerne, Iowa across major real estate platforms.
Who lives in Luzerne?
Population
140
Median income
$95,000/yr
Median age
33.9 years
Owner-occupied
84.2%
College grads
16.5%
Avg commute
18.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Luzerne?
Zillow home value
$375,136
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Luzerne?
Luzerne is a community of approximately 0K residents with a median age of 33.9 years.The median household income is $95,000, which reflects a relatively affluent area with strong earning potential. 16.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 84.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 18.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Luzerne offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Luzerne, IA?
Want a head-to-head view? Compare Luzerne side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Luzerne?
The median home sale price in Luzerne is $17,000, down 0.0% from last year.
How long do homes stay on market in Luzerne?
Homes typically spend 7 days on market before going under contract.
What is the median income in Luzerne?
The median household income is $95,000 per year.
What is the Zillow home value estimate for Luzerne?
The Zillow Home Value Index (ZHVI) for Luzerne is $375,136, representing the typical home value in the area.
How much does a single-family home cost in Luzerne?
The median single-family home price in Luzerne, IA is $17,000 (about $18 per square foot).
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