Located in California, Blacklake is known for its high housing prices. The median value of a house in Blacklake is $764,400, which is over double the US median house value of $338,100. In addition to this, the one-year appreciation rate of houses in Blacklake is 11.64%, compared to the national average of 8.27%. This makes Blacklake an attractive place for investment in real estate and many people find it financially beneficial to buy and sell houses there.
The median home cost in Blacklake is $764,400. Home appreciation the last 10 years has been 119.8%. Home Appreciation in Blacklake is up 14.2%.
Average Age of Homes
- The median age of Blacklake real estate is 22 years old
The Rental Market in Blacklake
- Renters make up 9.1% of the Blacklake population
- 8.4% of houses and apartments in Blacklake, 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.