Lakeview, AL is a great place to invest in real estate. The median value of housing there is much lower than the US house median value at $130,200 compared to $338,100. This makes it an attractive option for potential buyers. Additionally, the 1 year house appreciation rate in Lakeview has been higher than the US rate, with a 17.72% increase compared to 8.27%. This means that investing in real estate in Lakeview could yield great returns over time.
The median home cost in Lakeview is $130,200. Home appreciation the last 10 years has been 65.1%. Home Appreciation in Lakeview is up 17.9%.
Average Age of Homes
- The median age of Lakeview real estate is 39 years old
The Rental Market in Lakeview
- Renters make up 3.8% of the Lakeview population
- 0.0% of houses and apartments in Lakeview, 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.