Lanesborough, MA is a great place to invest in housing. The median value of homes in the area is $354,300, which is higher than the US House Median Value of $338,100. In addition, the 1 year house appreciation rate in Lanesborough has been higher than the US average at 16.87%, versus 8.27%. This shows that houses in Lanesborough are appreciating at a faster rate than other parts of the country, making it an attractive market for potential home buyers and investors.
The median home cost in Lanesborough is $354,300. Home appreciation the last 10 years has been 59.1%. Home Appreciation in Lanesborough is up 14.6%.
Average Age of Homes
- The median age of Lanesborough real estate is 54 years old
The Rental Market in Lanesborough
- Renters make up 6.0% of the Lanesborough population
- 0.0% of houses and apartments in Lanesborough, 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.