Lake County, IN Housing

The housing market in Lake, IN County is a lucrative one for many potential home buyers and investors. The median value of a house in the area is $207,000, which is significantly lower than the national median of $338,100. Furthermore, over the past year appreciation of house values has been at 9.76%, higher than the national average of 8.27%. This makes Lake, IN County an ideal area for those looking to invest in property or purchase their first home.

The median home cost in Lake County is $207,000. Home appreciation the last 10 years has been 75.9%. Home Appreciation in Lake County is up 14.1%.

Average Age of Homes

- The median age of Lake County real estate is 53 years old

The Rental Market in Lake County

- Renters make up 27.1% of the Lake County population
- 1.6% of houses and apartments in Lake County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lake, Indiana	United States
	214,176.0	139,647,020.0
	55	42
	$207,000	$338,100
	14.1%	16.6%
	54.8%	57.0%
	75.9%	101.1%
	$10.46	$10.98
	$1,756	$2,690
	62.7%	57.4%
	11.2%	11.2%
	26.1%	31.4%
Vacant Housing
	1.6%	1.9%
	0.5%	0.4%
	0.6%	0.7%
	0.7%	0.4%
	0.5%	3.6%
	7.2%	4.1%
Value of Owner-Occupied Housing
	2.2%	2.6%
	3.1%	2.4%
	4.5%	2.8%
	6.3%	3.9%
	8.0%	4.5%
	18.5%	11.3%
	18.7%	13.0%
	22.9%	20.1%
	9.4%	13.6%
	3.3%	8.3%
	2.4%	9.7%
	0.4%	3.9%
	0.3%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	10.6%	13.6%
	10.6%	13.6%
	9.6%	13.6%
	6.5%	13.2%
	14.2%	14.8%
	9.6%	13.6%
	15.9%	10.0%
	9.5%	4.7%
	16.2%	12.2%

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