Cedar Lake, WI is a great place to invest in housing. The median value of a house in Cedar Lake is currently $351,000, which is higher than the US median value of $338,100. Additionally, the one-year appreciation rate for houses in Cedar Lake is 12.04%, significantly higher than the US one-year appreciation rate of 8.27%. This makes Cedar Lake an attractive option for prospective homeowners or real estate investors looking to make a large return on investment.
The median home cost in Cedar Lake is $351,000. Home appreciation the last 10 years has been 74.1%. Home Appreciation in Cedar Lake is up 14.4%.
Average Age of Homes
- The median age of Cedar Lake real estate is 31 years old
The Rental Market in Cedar Lake
- Renters make up 4.2% of the Cedar Lake population
- 0.0% of houses and apartments in Cedar Lake, 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.