The housing in Lake Park township, MN is quite affluent compared to the US House Median Value of $338,100. The Housing Median Value in Lake Park township is $501,100 and has appreciated 8.21% in the last year which is slightly lower than the US 1 year House Appreciation rate of 8.27%. It is evident that the housing market in Lake Park township, MN is strong and continues to grow despite the slight decrease in appreciation over the past year.
The median home cost in Lake Park township is $501,100. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Lake Park township is up 13.6%.
Average Age of Homes
- The median age of Lake Park township real estate is 42 years old
The Rental Market in Lake Park township
- Renters make up 2.8% of the Lake Park township population
- 0.0% of houses and apartments in Lake Park township, 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.