In Laketon, MI, the median housing value is currently $274,400 which is lower than the US House Median Value of $338,100. However, there has been a higher rate of housing appreciation in Laketon over the past year, reaching 13.62%, compared to 8.27% for the US overall. This indicates that the housing market in Laketon is growing and could be a great place to invest in property.
The median home cost in Laketon is $274,400. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Laketon is up 16.5%.
Average Age of Homes
- The median age of Laketon real estate is 40 years old
The Rental Market in Laketon
- Renters make up 9.3% of the Laketon population
- 0.6% of houses and apartments in Laketon, 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.