The housing market in Lake Mohegan, NY is booming right now with a median value of $461,200. This is much higher than the US median house value of $338,100. The appreciation of houses in Lake Mohegan over the past year has been 7.98%, which is slightly lower than the national average of 8.27%. All this indicates that buying a home in Lake Mohegan would be a great investment right now, and many people are taking advantage of it.
The median home cost in Lake Mohegan is $461,200. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Lake Mohegan is up 10.6%.
Average Age of Homes
- The median age of Lake Mohegan real estate is 49 years old
The Rental Market in Lake Mohegan
- Renters make up 23.5% of the Lake Mohegan population
- 0.0% of houses and apartments in Lake Mohegan, 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.