Housing in Lake, MO is significantly more affordable than the US average. The median value of a house in Lake, MO is $146,000 compared to the US median value of $338,100. Furthermore, house appreciation in Lake, MO has been higher over the past year at 12.17% compared to 8.27% for the US as a whole. This indicates that not only is housing in Lake, MO more affordable but also appreciates faster than the national average which provides an attractive opportunity for potential homebuyers.
The median home cost in Lake is $146,000. Home appreciation the last 10 years has been 99.4%. Home Appreciation in Lake is up 15.1%.
Average Age of Homes
- The median age of Lake real estate is 43 years old
The Rental Market in Lake
- Renters make up 23.6% of the Lake population
- 0.0% of houses and apartments in Lake, 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.