Sales Down in Paddock Lake Real Estate Market

While home sales in the Paddock Lake market have been above average, in this week's report they fell 33.3% to two homes sold over the last 30 days. In comparison, nearby Fox Lake had 27 sales in the same time frame, the most of all neighboring cities. The median sales price dropped to $162,750, down from last week's $165,500. Despite the slip in sales, a relatively low three months of inventory indicates that Paddock Lake is a seller's market.

Want to get a head start on other buyers? Check out these new listings in Paddock Lake:

$184K   $140K   $142K  

Get started right now by checking out Paddock Lake homes for sale or reviewing Paddock Lake real estate trends.

Demographic facts about Paddock Lake:

  • This area has a population growth rating of 67. (Scale: 1 = Worst, 100 = Best)
  • The area's number of physicians is 129.2 per 100,000 people.
  • The health cost index score in this area is 103.3. (100 = national average)
  • The breakdown of residents commuting to work is 87.7% by car, 8.1% by carpool, and 1.3% by public transit.

Data reported through 10/12/2016


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