The housing market in Lakemoor, IL is booming! The median value of a house in Lakemoor is $222,400, which is well below the US median of $338,100. Despite this low cost of entry into the local housing market, over the past year, homes in Lakemoor have appreciated by 8.83%. This rate of appreciation is higher than the national average of 8.27%, indicating that Lakemoor is a great place to invest in real estate. With such high demand and attractive prices, now is an excellent time to buy a home in Lakemoor!
The median home cost in Lakemoor is $222,400. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Lakemoor is up 14.5%.
Average Age of Homes
- The median age of Lakemoor real estate is 20 years old
The Rental Market in Lakemoor
- Renters make up 31.1% of the Lakemoor population
- 0.0% of houses and apartments in Lakemoor, 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.