The median housing value in 10547 Lake Mohegan, NY is $499,000, which is slightly higher than the US housing median value of $338,100. Over the past year, house values in this area have appreciated by 7.98%, slightly lower than the national rate of 8.27%. This means that homeowners in this area have seen a good return on their real estate investments. Despite slightly lower appreciation rates compared to the nation as a whole, the housing market in 10547 Lake Mohegan, NY remains strong and people are continuing to invest in this area for its strong fundamentals and attractive prices.
The median home cost in Lake Mohegan (zip 10547) is $499,000. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Lake Mohegan (zip 10547) is up 10.6%.
Average Age of Homes
- The median age of Lake Mohegan (zip 10547) real estate is 52 years old
The Rental Market in Lake Mohegan (zip 10547)
- Renters make up 27.5% of the Lake Mohegan (zip 10547) population
- 0.0% of houses and apartments in Lake Mohegan (zip 10547), 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.