Le Mars, IA housing market
The typical Le Mars home is worth about $283,000, up 3.9% in a year, 18% above the Iowa typical home.
Home values, sales, trends and how Le Mars compares with the towns next door — updated as new data is published.
Le Mars at a glance
Typical home value, 2016–2026
Show as a table
| January | Le Mars | Iowa |
|---|---|---|
| 2017 | $170,000 | $147,000 |
| 2018 | $176,000 | $152,000 |
| 2019 | $179,000 | $159,000 |
| 2020 | $194,000 | $167,000 |
| 2021 | $204,000 | $179,000 |
| 2022 | $230,000 | $195,000 |
| 2023 | $246,000 | $211,000 |
| 2024 | $252,000 | $218,000 |
| 2025 | $268,000 | $228,000 |
| 2026 | $272,000 | $236,000 |
| August 2026 | $283,000 | $240,000 |
13 new homes permitted in 2025
Builders were permitted 13 new homes in Le Mars in 2025, all single-family houses, worth about $4.9 million to build. That's 1.2 per 1,000 residents, slower than across Iowa (4.7). Over the past 10 years, Le Mars has permitted 490 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Le Mars gained 745 residents while 389 new homes were permitted: about 1.9 new residents per new home. Building and growth moved roughly in step. Across Iowa: 1.3 new residents per new home.
How Le Mars ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 59 | 13 | 46 | $13.4 million |
| 2025 | 13 | 13 | 0 | $4.9 million |
| 2024 | 126 | 8 | 118 | $17.5 million |
| 2023 | 19 | 5 | 14 | $6 million |
| 2022 | 14 | 14 | 0 | $6.5 million |
| 2021 | 22 | 22 | 0 | $7.6 million |
| 2020 | 21 | 21 | 0 | $5.3 million |
| 2019 | 90 | 29 | 61 | $13.5 million |
| 2018 | 72 | 22 | 50 | $9.6 million |
| 2017 | 81 | 19 | 62 | $7.7 million |
| 2016 | 32 | 32 | 0 | $6.2 million |
| 2015 | 28 | 28 | 0 | $5.9 million |
| 2014 | 21 | 21 | 0 | $5.4 million |
| 2013 | 27 | 25 | 2 | $5 million |
| 2012 | 12 | 12 | 0 | $2.5 million |
| 2011 | 16 | 14 | 2 | $3.1 million |
| 2010 | 10 | 10 | 0 | $2.5 million |
| 2009 | 6 | 6 | 0 | $1.6 million |
| 2008 | 11 | 11 | 0 | $2.5 million |
| 2007 | 39 | 27 | 12 | $6.2 million |
| 2006 | 37 | 37 | 0 | $7.3 million |
| 2005 | 53 | 43 | 10 | $9.1 million |
| 2004 | 55 | 47 | 8 | $8.1 million |
| 2003 | 66 | 35 | 31 | $6.6 million |
| 2002 | 34 | 32 | 2 | $4.2 million |
| 2001 | 43 | 33 | 10 | $4.9 million |
| 2000 | 31 | 21 | 10 | $3.2 million |
How Le Mars ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
3.8 years of income
The typical Le Mars home costs about 3.8 years of the town's median household income, more than across Iowa (3.2 years).
How Le Mars ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,010
HUD's Fair Market Rent for a two-bedroom in Le Mars is $1,010 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Le Mars pay a median of $929. A two-bedroom takes about 16% of the town's median household income.
Studio $790 · 4 bedrooms $1,410
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (51031; Plymouth County, IA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.