Lake Tomahawk, WI has a housing median value of $244,500 which is significantly lower than the US House Median Value of $338,100. Despite this difference in absolute value, the house appreciation rate in Lake Tomahawk over the past year was much higher than the US average at 16.22%, compared to 8.27%. This suggests that Lake Tomahawk's housing market is growing rapidly and out-performing most of the rest of the country.
The median home cost in Lake Tomahawk is $244,500. Home appreciation the last 10 years has been 70.7%. Home Appreciation in Lake Tomahawk is up 28.9%.
Average Age of Homes
- The median age of Lake Tomahawk real estate is 35 years old
The Rental Market in Lake Tomahawk
- Renters make up 2.9% of the Lake Tomahawk population
- 1.7% of houses and apartments in Lake Tomahawk, 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.