Lake Erie Beach, NY is a great place to consider for housing. The median value of homes in the area is $109,700, which is significantly lower than the US median house value of $338,100. Additionally, the 1 year appreciation rate for houses in Lake Erie Beach is 10.81%, which is higher than the US appreciation rate of 8.27%. This suggests that property values are increasing at a faster rate in this area, making it an attractive option for those looking to invest in real estate.
The median home cost in Lake Erie Beach is $109,700. Home appreciation the last 10 years has been 85.1%. Home Appreciation in Lake Erie Beach is up 13.0%.
Average Age of Homes
- The median age of Lake Erie Beach real estate is 65 years old
The Rental Market in Lake Erie Beach
- Renters make up 11.4% of the Lake Erie Beach population
- 0.0% of houses and apartments in Lake Erie Beach, 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.