The housing market in Lakeville, CT is thriving as the median value of houses is currently at $448,100 - slightly higher than the national median value of $338,100. In addition to this, over the past year house appreciation in Lakeville has been 9.34%, which is higher than the US average of 8.27%. This shows that the real estate market in Lakeville is strong and a great option for potential homeowners.
The median home cost in Lakeville is $448,100. Home appreciation the last 10 years has been 44.2%. Home Appreciation in Lakeville is up 14.1%.
Average Age of Homes
- The median age of Lakeville real estate is 78 years old
The Rental Market in Lakeville
- Renters make up 22.2% of the Lakeville population
- 14.7% of houses and apartments in Lakeville, 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.