The housing market in Lake Mohawk, OH is in a strong position. The median value of homes in the area comes in at $186,200, which is significantly lower than the US median of $338,100. Furthermore, the appreciation rate for houses over the last year sits at 10.56%, a full two percentage points higher than the national average of 8.27%. This indicates that housing prices are increasing at a steady clip and making Lake Mohawk a great place to purchase or invest in property.
The median home cost in Lake Mohawk is $186,200. Home appreciation the last 10 years has been 76.6%. Home Appreciation in Lake Mohawk is up 13.2%.
Average Age of Homes
- The median age of Lake Mohawk real estate is 38 years old
The Rental Market in Lake Mohawk
- Renters make up 3.4% of the Lake Mohawk population
- 0.0% of houses and apartments in Lake Mohawk, 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.