Indian Lake, NY is a great place to invest in housing due to its high median value of $275,100 and its high 1 year house appreciation rate of 9.95%. This is higher than the US House Median Value of $338,100 and the US 1 year House Appreciation of 8.27%. Investing in housing in Indian Lake, NY has the potential for significant returns due to this high rate of appreciation. Furthermore, Indian Lake is an attractive location with plenty of amenities and activities that make it ideal for families, retirees, and other potential homeowners.
The median home cost in Indian Lake is $275,100. Home appreciation the last 10 years has been 56.3%. Home Appreciation in Indian Lake is up 13.4%.
Average Age of Homes
- The median age of Indian Lake real estate is 55 years old
The Rental Market in Indian Lake
- Renters make up 5.0% of the Indian Lake population
- 1.5% of houses and apartments in Indian Lake, 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.