The housing market in Lakewood Village, TX has been steadily increasing in value over the past year. The median value of a house in the village is currently $445,700 which is significantly higher than the US median value of $338,100. Furthermore, the 1-year appreciation rate for houses in Lakewood Village is 15.66%, which is substantially higher than the 8.27% appreciation rate across the United States. This indicates that investing in real estate in Lakewood Village may be a good opportunity to make a return on investment over time.
The median home cost in Lakewood Village is $445,700. Home appreciation the last 10 years has been 159.8%. Home Appreciation in Lakewood Village is up 23.4%.
Average Age of Homes
- The median age of Lakewood Village real estate is 21 years old
The Rental Market in Lakewood Village
- Renters make up 7.6% of the Lakewood Village population
- 2.4% of houses and apartments in Lakewood Village, 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.