Laketown, MN has an impressive housing median value of $536,300 compared to the US median value of $338,100. The US 1 year house appreciation rate is 8.27%, while Laketown's house appreciation rate is 6.82%. This suggests that Laketown is an attractive location for those looking for a safe and profitable investment in real estate. With both national and local rates of appreciation being relatively high, it's likely that this trend will continue in the near future.
The median home cost in Laketown is $536,300. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Laketown is up 11.0%.
Average Age of Homes
- The median age of Laketown real estate is 41 years old
The Rental Market in Laketown
- Renters make up 8.9% of the Laketown population
- 1.7% of houses and apartments in Laketown, 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.