Lake Arrowhead, CA is known for its incredible housing market. The median value of a house in the area is $562,300 - significantly higher than the US median value of $338,100. House appreciation over the last year has been particularly strong in Lake Arrowhead, with a rate of 10.27%, slightly higher than the national average of 8.27%. This makes it an attractive area for potential buyers who are looking to invest in real estate and take advantage of its strong appreciation rate.
The median home cost in Lake Arrowhead is $562,300. Home appreciation the last 10 years has been 189.0%. Home Appreciation in Lake Arrowhead is up 16.6%.
Average Age of Homes
- The median age of Lake Arrowhead real estate is 42 years old
The Rental Market in Lake Arrowhead
- Renters make up 7.8% of the Lake Arrowhead population
- 1.2% of houses and apartments in Lake Arrowhead, 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.