Lake Mohawk, NJ is an affluent area with a median house value of $426,800. This is substantially higher than the national median of $338,100. In addition to high housing values, Lake Mohawk also experienced stronger house appreciation in the past year compared to the national rate of 8.27%. House values in Lake Mohawk appreciated at 10.13%, making it an attractive area for potential buyers and investors alike.
The median home cost in Lake Mohawk is $426,800. Home appreciation the last 10 years has been 56.2%. Home Appreciation in Lake Mohawk is up 14.2%.
Average Age of Homes
- The median age of Lake Mohawk real estate is 49 years old
The Rental Market in Lake Mohawk
- Renters make up 9.3% of the Lake Mohawk population
- 0.0% of houses and apartments in Lake Mohawk, 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.