Lake, TN County is an attractive place to live with a housing median value of $95,100 that is lower than the national median value. The US House Median Value is $338,100 and has appreciated in the past year by 8.27%, while Lake, TN County's housing has appreciated at a greater rate of 15.27%. Though more affordable than the national average, Lake County residents benefit from house appreciation that outstrips the national average.
The median home cost in Lake County is $95,100. Home appreciation the last 10 years has been 94.9%. Home Appreciation in Lake County is up 20.2%.
Average Age of Homes
- The median age of Lake County real estate is 43 years old
The Rental Market in Lake County
- Renters make up 35.6% of the Lake County population
- 2.7% 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.