Lake Shore, MN is a vibrant community with a high housing median value of $500,300. This is significantly higher than the US House Median Value of $338,100. In addition to this, the 1 year appreciation rate in Lake Shore has been 12.38%, which is higher than the national average of 8.27%. This shows that real estate in Lake Shore is an attractive and lucrative investment for buyers looking for properties in this area.
The median home cost in Lake Shore is $500,300. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Lake Shore is up 20.4%.
Average Age of Homes
- The median age of Lake Shore real estate is 27 years old
The Rental Market in Lake Shore
- Renters make up 6.2% of the Lake Shore population
- 0.0% of houses and apartments in Lake Shore, 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.