The housing market in Lakeland Shores, MN is strong with the median value being $454,500. This is significantly higher than the US median house value of $338,100. The US housing market has seen a 1 year appreciation of 8.27%, although the appreciation rate for Lakeland Shores is slightly lower at 6.66%. Despite this difference in appreciation rate, the overall housing market in Lakeland Shores remains strong given its significant gap from the national median house value.
The median home cost in Lakeland Shores is $454,500. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Lakeland Shores is up 12.2%.
Average Age of Homes
- The median age of Lakeland Shores real estate is 38 years old
The Rental Market in Lakeland Shores
- Renters make up 6.2% of the Lakeland Shores population
- 0.0% of houses and apartments in Lakeland Shores, 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.