The housing in Lockwood, MT is quite affordable compared to the United States. The median house value in Lockwood is $221,100, which is significantly lower than the US median value of $338,100. In addition, the 1 year appreciation rate of houses in Lockwood was 14.10%, much higher than the 8.27% seen nationally. This indicates that there are great opportunities for those looking to invest in a home in Lockwood, MT as they can get more bang for their buck and see better returns on their investments over time.
The median home cost in Lockwood is $221,100. Home appreciation the last 10 years has been 88.8%. Home Appreciation in Lockwood is up 19.7%.
Average Age of Homes
- The median age of Lockwood real estate is 38 years old
The Rental Market in Lockwood
- Renters make up 17.9% of the Lockwood population
- 2.1% of houses and apartments in Lockwood, 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.