Lake Station, IN is a great place to invest in housing. The median value of homes in this area is $126,600, lower than the US median house value of $338,100. This makes it an attractive investment option for many people looking to buy in the area. Furthermore, Lake Station has seen a 9.78% appreciation in housing over the past year, while the US only experienced 8.27%. This indicates that there is a steady appreciation in prices here and makes it an even more attractive option for potential buyers.
The median home cost in Lake Station is $126,600. Home appreciation the last 10 years has been 75.6%. Home Appreciation in Lake Station is up 13.9%.
Average Age of Homes
- The median age of Lake Station real estate is 59 years old
The Rental Market in Lake Station
- Renters make up 29.9% of the Lake Station population
- 0.0% of houses and apartments in Lake Station, 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.