Lake Lakengren, OH is a great place to live for anyone looking to invest in real estate. The median home value currently stands at $159,200, which is much lower than the US house median value of $338,100. Although it may seem like the home values are not as high as other areas, Lake Lakengren has seen an 11.90% appreciation in house values over the past year which is higher than the national average of 8.27%. This makes investing in this area a more attractive option for many people looking to purchase real estate.
The median home cost in Lake Lakengren is $159,200. Home appreciation the last 10 years has been 75.2%. Home Appreciation in Lake Lakengren is up 13.0%.
Average Age of Homes
- The median age of Lake Lakengren real estate is 23 years old
The Rental Market in Lake Lakengren
- Renters make up 16.5% of the Lake Lakengren population
- 0.0% of houses and apartments in Lake Lakengren, 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.