The housing market in Random Lake, WI is thriving. The median value of a home is $242,300, which is significantly lower than the US House median value of $338,100. Despite this difference, the one year house appreciation rate for Random Lake is 11.17%, which is higher than the US 1 year House Appreciation rate of 8.27%. This indicates that investing in housing in Random Lake, WI may be a wise decision for those looking to get a good return on their investments. Thus, it appears that the housing market in Random Lake is strong and growing at an impressive pace.
The median home cost in Random Lake is $242,300. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Random Lake is up 15.5%.
Average Age of Homes
- The median age of Random Lake real estate is 50 years old
The Rental Market in Random Lake
- Renters make up 28.7% of the Random Lake population
- 0.0% of houses and apartments in Random 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.