The housing market in Lakeville, IN is thriving. The median value of homes is $224,800, which is significantly lower than the US median value of $338,100. Over the past year, home appreciation in Lakeville has been even more impressive, with a 13.05% increase compared to the 8.27% US average. This indicates that buyers are eager to move into and invest in properties located in the area, making it an excellent opportunity for anyone looking to purchase a home.
The median home cost in Lakeville is $224,800. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Lakeville is up 16.4%.
Average Age of Homes
- The median age of Lakeville real estate is 54 years old
The Rental Market in Lakeville
- Renters make up 40.7% of the Lakeville population
- 15.4% 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.