The housing market in Lake Los Angeles, CA is very attractive due to the median house value of $237,200, which is much lower than the US median house value of $338,100. While the US House Appreciation rate for the past year was 8.27%, the one year House Appreciation rate in Lake Los Angeles, CA was 3.84%. This makes it an appealing option for people looking to buy a home in a desirable location without having to pay too much and still benefit from some decent appreciation rates.
The median home cost in Lake Los Angeles is $237,200. Home appreciation the last 10 years has been 182.0%. Home Appreciation in Lake Los Angeles is up 11.6%.
Average Age of Homes
- The median age of Lake Los Angeles real estate is 34 years old
The Rental Market in Lake Los Angeles
- Renters make up 30.1% of the Lake Los Angeles population
- 0.8% of houses and apartments in Lake Los Angeles, 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.