The housing market in Lakeville, CT (06039) has seen a significant increase in the median housing value over the past year. The median value currently stands at $670,500, which is substantially higher than the US housing median value of $338,100. The appreciation rate of housing in Lakeville has also been relatively high compared to the US average- coming in at 9.34%, compared to 8.27% for the country as a whole. This suggests that Lakeville is an attractive market for potential buyers and investors looking to capitalize on strong returns from their investments.
The median home cost in Lakeville (zip 06039) is $670,500. Home appreciation the last 10 years has been 44.2%. Home Appreciation in Lakeville (zip 06039) is up 14.1%.
Average Age of Homes
- The median age of Lakeville (zip 06039) real estate is 66 years old
The Rental Market in Lakeville (zip 06039)
- Renters make up 19.0% of the Lakeville (zip 06039) population
- 6.5% of houses and apartments in Lakeville (zip 06039), 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.