The housing market in Lovelock, NV is a great place to invest. The median value of houses in Lovelock is $184,500, which is much less than the US house median value of $338,100. Although the appreciation rate for homes in Lovelock is lower than the national one-year appreciation of 8.27%, it still stands at 4.72%. This indicates that investing in property in Lovelock can be a wise decision as it offers potential for reasonable returns on investment.
The median home cost in Lovelock is $184,500. Home appreciation the last 10 years has been 200.5%. Home Appreciation in Lovelock is up 12.6%.
Average Age of Homes
- The median age of Lovelock real estate is 39 years old
The Rental Market in Lovelock
- Renters make up 48.3% of the Lovelock population
- 1.5% of houses and apartments in Lovelock, 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.