The housing market in Lake Village, IN is thriving. The median value for houses in the area is $238,600. This is significantly lower than the national median of $338,100. However, while the US house appreciation rate over the last year was 8.27%, Lake Village saw a 9.67% increase over the same period. This indicates that housing prices in Lake Village are on the rise, making it an attractive place to live and invest in real estate.
The median home cost in Lake Village is $238,600. Home appreciation the last 10 years has been 76.1%. Home Appreciation in Lake Village is up 14.2%.
Average Age of Homes
- The median age of Lake Village real estate is 45 years old
The Rental Market in Lake Village
- Renters make up 31.5% of the Lake Village population
- 0.0% of houses and apartments in Lake Village, 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.