Lakewood, NY is an excellent location for those looking to buy a house. The median value of housing in Lakewood is $194,100 which is significantly lower than the US House Median Value of $338,100. Additionally, in the last year appreciation for housing in Lakewood has been 12.09%, which is higher than the US 1 year House Appreciation of 8.27%. This makes Lakewood an attractive option when it comes to buying a home as buyers can expect good returns on their investment.
The median home cost in Lakewood is $194,100. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Lakewood is up 14.6%.
Average Age of Homes
- The median age of Lakewood real estate is 59 years old
The Rental Market in Lakewood
- Renters make up 25.9% of the Lakewood population
- 5.6% of houses and apartments in Lakewood, 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.