The housing market in Lake of the Woods, CA is an attractive investment opportunity due to its current median value of $184,100 which is significantly lower than the US median value of $338,100. Furthermore, the 1 year house appreciation rate in Lake of the Woods is 10.98%, which is higher than the US average appreciation rate of 8.27%. Therefore, investing in Lake of the Woods offers a great potential for growth and return on investment.
The median home cost in Lake of the Woods is $184,100. Home appreciation the last 10 years has been 134.8%. Home Appreciation in Lake of the Woods is up 16.4%.
Average Age of Homes
- The median age of Lake of the Woods real estate is 34 years old
The Rental Market in Lake of the Woods
- Renters make up 26.9% of the Lake of the Woods population
- 0.0% of houses and apartments in Lake of the Woods, 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.