Lake View, AL is a great place to invest in real estate due to its high median housing value of $268,800 which is significantly lower than the US median housing value of $338,100. Furthermore, over the past year there has been an appreciation in house prices of 12.10%, much higher than the US 1 year appreciation rate of 8.27%. This makes Lake View an attractive place to invest in property for those looking for a good return on their investment.
The median home cost in Lake View is $268,800. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Lake View is up 18.4%.
Average Age of Homes
- The median age of Lake View real estate is 16 years old
The Rental Market in Lake View
- Renters make up 1.1% of the Lake View population
- 0.0% of houses and apartments in Lake View, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.