The housing market in Lake Arrowhead, ME is on the rise! The median value of a home in this area is $191,000, which is significantly lower than the US house median value of $338,100. However, while the US house appreciation rate over the past year was 8.27%, Lake Arrowhead has seen an impressive 12.21% growth rate. This shows that Lake Arrowhead's housing market is booming and could be a great investment opportunity for those looking to buy or sell a home in this area!
The median home cost in Lake Arrowhead is $191,000. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Lake Arrowhead is up 16.2%.
Average Age of Homes
- The median age of Lake Arrowhead real estate is 29 years old
The Rental Market in Lake Arrowhead
- Renters make up 6.7% of the Lake Arrowhead population
- 0.0% of houses and apartments in Lake Arrowhead, 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.