October's First-Time Homebuyer Report for Lake Mohegan

Lake Mohegan is a larger than average city in New York that has seen a 0.3% decrease in population over the last 10 years. It also has a total population of 6,010. Lake Mohegan is made up of homes that are considered older than most with a median of 40 years. Topping the list of best schools in the city is Fox Lane High School.

Price Range

The median value of homes in Lake Mohegan is $298,100, making it one of the most valuable areas in New York. At the same time, the average list price of available homes is presently $297,042.

Curious as to which homes have been getting the most attention in Lake Mohegan? These listings have stirred up interest and produced the most views:

$225K   $319K   $109K  

Typical Dwelling

The typical dwelling in Lake Mohegan is a three-bedroom detached home worth about $306,923. To purchase a similar home, a buyer with good credit and a $61,385 cash down payment could obtain a mortgage with a 3.95% interest rate and a $317 monthly payment. The property tax rate is $20.95 per $1,000 of taxable assessed value.

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

Data reported through 10/13/2016


Ask a local expert about this area:
Houlihan Lawrence
Snapped 2 homes in this area
Houlihan Lawrence
Snapped 9 homes in this area

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