Lakewood Park, FL is a great place for housing with a median value of $188,800. This is almost half the US house median value of $338,100. What's even better is that the appreciation rate for homes in Lakewood Park is much higher than the national average, at 17.85% compared to 8.27%. Clearly this area is desirable for homeowners and investors alike and offers an excellent opportunity to build equity in your home or make profitable investments.
The median home cost in Lakewood Park is $188,800. Home appreciation the last 10 years has been 231.4%. Home Appreciation in Lakewood Park is up 27.2%.
Average Age of Homes
- The median age of Lakewood Park real estate is 32 years old
The Rental Market in Lakewood Park
- Renters make up 11.5% of the Lakewood Park population
- 1.0% of houses and apartments in Lakewood Park, 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.