The housing market in Lake Lorraine, WI is an attractive option for potential homeowners. The median value of homes in the area is $177,600, which is significantly lower than the US median value of $338,100. In addition to being more affordable, the housing appreciation rate over the past year has been 11.16%, much higher than the US average of 8.27%. This could be a great opportunity for those looking to invest in real estate or buy their dream home.
The median home cost in Lake Lorraine is $177,600. Home appreciation the last 10 years has been 74.5%. Home Appreciation in Lake Lorraine is up 14.2%.
Average Age of Homes
- The median age of Lake Lorraine real estate is 44 years old
The Rental Market in Lake Lorraine
- Renters make up 3.3% of the Lake Lorraine population
- 0.0% of houses and apartments in Lake Lorraine, 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.