Mole Lake, WI is known for its beautiful lakes and forests, and now it can also be recognized for its housing market. The median value of homes in Mole Lake is $117,200, which is significantly lower than the US median house value of $338,100. Despite the lower cost of housing in Mole Lake, the 1 year appreciation rate is higher than that of the US with a rate of 16.22%. For those looking to purchase a home or invest in real estate, Mole Lake offers a great opportunity with its low costs and high appreciation rates.
The median home cost in Mole Lake is $117,200. Home appreciation the last 10 years has been 70.7%. Home Appreciation in Mole Lake is up 28.9%.
Average Age of Homes
- The median age of Mole Lake real estate is 27 years old
The Rental Market in Mole Lake
- Renters make up 49.5% of the Mole Lake population
- 7.2% of houses and apartments in Mole 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.