In North Lakeport, CA, the housing median value is higher than the US house median value, at $363,000 compared to $338,100. However, house appreciation in North Lakeport has been relatively low in the last year at 1.98%, which is much lower than the US average of 8.27%. This suggests that North Lakeport may be an area not prone to rapid changes in its housing market and could be a good place for people to invest their money for a long-term return on their property.
The median home cost in North Lakeport is $363,000. Home appreciation the last 10 years has been 121.5%. Home Appreciation in North Lakeport is up 9.5%.
Average Age of Homes
- The median age of North Lakeport real estate is 34 years old
The Rental Market in North Lakeport
- Renters make up 23.4% of the North Lakeport population
- 0.0% of houses and apartments in North Lakeport, 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.