Lakeport, MN is a great place for home buyers looking to invest in real estate. The median value of homes in Lakeport is currently $261,500, which is significantly lower than the US median house value of $338,100. The appreciation rate of Lakeport homes over the past year has been 12.38%, nearly 4% higher than the US average of 8.27%. With the strong housing market and relatively low cost of houses compared to other areas, Lakeport is a great option for those looking to find a quality home with good potential for growth and return on investment.
The median home cost in Lakeport is $261,500. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Lakeport is up 20.4%.
Average Age of Homes
- The median age of Lakeport real estate is 31 years old
The Rental Market in Lakeport
- Renters make up 6.6% of the Lakeport population
- 0.0% of houses and apartments in Lakeport, 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.