The housing market in Lake George, NY is flourishing, with the median value of a home being $402,500. This is higher than the US median home value which is valued at $338,100. Over the past year, house appreciation in Lake George has been 9.95%, higher than the US average of 8.27%. These figures demonstrate that Lake George is an attractive area for making a real estate investment and enjoying a great quality of life.
The median home cost in Lake George is $402,500. Home appreciation the last 10 years has been 56.3%. Home Appreciation in Lake George is up 13.4%.
Average Age of Homes
- The median age of Lake George real estate is 43 years old
The Rental Market in Lake George
- Renters make up 15.9% of the Lake George population
- 3.4% of houses and apartments in Lake George, 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.