Lake Mary, MN is a popular city for homeowners because of its relatively high median home value. At $367,300, the median housing value in Lake Mary is slightly higher than the US median of $338,100. Furthermore, homes in Lake Mary have appreciated by 7.75% over the past year, which is slightly lower than the national average appreciation rate of 8.27%. With such attractive housing values and a healthy rate of appreciation, it's no wonder that Lake Mary remains a popular area for homeowners looking to invest in their future.
The median home cost in Lake Mary is $367,300. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Lake Mary is up 13.6%.
Average Age of Homes
- The median age of Lake Mary real estate is 28 years old
The Rental Market in Lake Mary
- Renters make up 1.2% of the Lake Mary population
- 0.0% of houses and apartments in Lake Mary, 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.