Lakewood Club, MI is an attractive housing market based on the median value of $176,500 compared to the US median house price of $338,100. This means that, on average, homes in Lakewood Club are almost half the cost of a home in the United States. In addition, there has been significant appreciation in value in the last year with an increase of 13.62%, which is much higher than the national average of 8.27%. This makes now a good time to purchase real estate in Lakewood Club as future appreciation and return on investment look promising.
The median home cost in Lakewood Club is $176,500. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Lakewood Club is up 16.5%.
Average Age of Homes
- The median age of Lakewood Club real estate is 23 years old
The Rental Market in Lakewood Club
- Renters make up 8.3% of the Lakewood Club population
- 0.0% of houses and apartments in Lakewood Club, 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.