The housing market in Lauderdale Lakes, FL is a great investment opportunity for home buyers. According to recent statistics, the median value of a home in Lauderdale Lakes is $165,200, much lower than the US median value of $338,100. Furthermore, homes in Lauderdale Lakes have seen an appreciation rate of 22.86% over the last year, much higher than the 8.27% increase across the country as a whole. Considering these numbers, it appears that investing in real estate in Lauderdale Lakes can be a sound decision for those looking to purchase a home now or in the near future.
The median home cost in Lauderdale Lakes is $165,200. Home appreciation the last 10 years has been 172.9%. Home Appreciation in Lauderdale Lakes is up 26.9%.
Average Age of Homes
- The median age of Lauderdale Lakes real estate is 43 years old
The Rental Market in Lauderdale Lakes
- Renters make up 31.6% of the Lauderdale Lakes population
- 1.6% of houses and apartments in Lauderdale Lakes, 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.