The housing market in Lakeview, WA is an attractive option for many looking to purchase a home. The median value of a home in Lakeview is $197,800, which is significantly lower than the US median value of $338,100. Additionally, the 1 year appreciation rate of houses in Lakeview is 11.29%, much higher than the national appreciation rate of 8.27%. This combination makes for an ideal market for those who are looking for a more affordable home with higher potential returns on their investment.
The median home cost in Lakeview is $197,800. Home appreciation the last 10 years has been 123.7%. Home Appreciation in Lakeview is up 16.0%.
Average Age of Homes
- The median age of Lakeview real estate is 36 years old
The Rental Market in Lakeview
- Renters make up 28.8% of the Lakeview population
- 5.0% of houses and apartments in Lakeview, 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.