The housing market in 31635 Lakeland, GA is booming. The median value of a home in this area is $161,800, which is much lower than the US median of $338,100. In just one year, the appreciation rate for housing has gone up 19.62%, far higher than the US appreciation rate of 8.27%. This shows that there is an increasing demand for houses in Lakeland and the surrounding areas. It could be a great time to invest in real estate here as values are set to continue to rise.
The median home cost in Lakeland (zip 31635) is $161,800. Home appreciation the last 10 years has been 53.3%. Home Appreciation in Lakeland (zip 31635) is up 14.1%.
Average Age of Homes
- The median age of Lakeland (zip 31635) real estate is 32 years old
The Rental Market in Lakeland (zip 31635)
- Renters make up 38.7% of the Lakeland (zip 31635) population
- 3.0% of houses and apartments in Lakeland (zip 31635), 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.