Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 9,026, 3,288 total housing units (homes and apartments), and a median house value of $374,349, Lake View real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Lake View, accounting for 96.49% of the town's housing units. Other types of housing that are prevalent in Lake View include mobile homes or trailers ( 1.82%), duplexes, homes converted to apartments or other small apartment buildings ( 1.06%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Lake View. Owner-occupied housing accounts for 98.06% of Lake View's homes, and 82.86% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Lake View built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Lake View built between 1940-1969 ( 28.36%). A lesser amount of the housing stock also hails from between 2000 and later ( 22.66%). There's also some housing in Lake View built before 1939 ( 13.22%).
Lake View's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Lake View during the period has been just 5.73%, which is lower than 70% of US communities.
Over the last year, Lake View appreciation rates have trailed the rest of the nation. In the last twelve months, Lake View's appreciation rate has been 2.70%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lake View were at 2.79%, which equates to an annual appreciation rate of 11.65%.
Relative to New York, our data show that Lake View's latest annual appreciation rate is lower than 80% of the other cities and towns in New York.
$374,349
for New york
for nation
3,288
$1,919 / per month