The housing market in West Lakeland, MN is strong, with the median value for a house being $646,800. This is significantly higher than the US median value of $338,100. In the last year, house appreciation in West Lakeland was 6.66%, slightly lower than the national rate of 8.27%. Despite the lower growth rate in West Lakeland compared to the US average, its high median values indicate that it is still a desirable place to live and own real estate.
The median home cost in West Lakeland is $646,800. Home appreciation the last 10 years has been 94.0%. Home Appreciation in West Lakeland is up 12.2%.
Average Age of Homes
- The median age of West Lakeland real estate is 22 years old
The Rental Market in West Lakeland
- Renters make up 3.7% of the West Lakeland population
- 0.0% of houses and apartments in West Lakeland, 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.