The housing market in Lakeland, WI is thriving. The median house value is currently $311,800, which is slightly lower than the US median of $338,100. However, the one-year house appreciation rate in Lakeland is 12.04%, much higher than the national average of 8.27%. This shows that homes in Lakeland are increasingly sought after and their values are steadily increasing as people move into the area to enjoy its proximity to major cities and its tranquil atmosphere.
The median home cost in Lakeland is $311,800. Home appreciation the last 10 years has been 74.1%. Home Appreciation in Lakeland is up 14.4%.
Average Age of Homes
- The median age of Lakeland real estate is 31 years old
The Rental Market in Lakeland
- Renters make up 8.6% of the Lakeland population
- 0.3% of houses and apartments in Lakeland, 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.