Lake Shore, UT is a great place to invest in housing. With a median value of $634,000, it's significantly higher than the US median of $338,100. Furthermore, the 1 year house appreciation rate in Lake Shore has been 10.89%, which is 2.62% higher than the national average of 8.27%. These indicators point to a strong housing market in Lake Shore and suggest that now is the perfect time to invest if you are looking for long-term returns on your money.
The median home cost in Lake Shore is $634,000. Home appreciation the last 10 years has been 166.8%. Home Appreciation in Lake Shore is up 16.1%.
Average Age of Homes
- The median age of Lake Shore real estate is 38 years old
The Rental Market in Lake Shore
- Renters make up 4.5% of the Lake Shore population
- 0.0% of houses and apartments in Lake Shore, 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.