Why Live in Lake Lakengren
Lake Lakengren is a private, planned community centered around its namesake lake, located 30 miles from Dayton. The neighborhood is known for its lush green scenery and water-focused lifestyle, offering a mix of full-time residences and vacation homes. The area features ranch-style homes, custom builds, and waterfront properties, with many homes boasting boat launches for convenient fishing trips. The crime rate in Lake Lakengren is significantly lower than the national average, contributing to its appeal. The lake itself spans over 230 acres and serves as the hub for year-round water recreation, including boating and fishing. Additionally, the community offers various attractions such as baseball fields, disc golf, a pool, and dog parks. The Woodland Trails Wildlife Area, located to the south, provides 700 acres of forest and marshland for seasonal hunting. Residents enjoy weekly community activities and summer concerts at the marina, fostering a strong social atmosphere. For errands and dining, Eaton is just 7 miles away, featuring big-box stores and local eateries. State Route 732 connects Lake Lakengren to Eaton, and golf carts are a popular mode of transportation within the community. The closest medical center, Kettering Health Preble, is located in Eaton, ensuring accessible healthcare services.
Frequently Asked Questions
What is the average home price in Lake Lakengren, OH?
Homes for sale in Lake Lakengren, OH have an average home price of $335,277.
Are home prices dropping in Lake Lakengren?
Yes, home prices in Lake Lakengren are down 28% in the last 12 months.
How many homes have sold over the last 12 months in Lake Lakengren, OH?
72 homes have sold in Lake Lakengren, OH over the last 12 months.
What are the most popular zip codes in Lake Lakengren, OH?
How much do you need to make to afford a house in Lake Lakengren?
The median home price in Lake Lakengren is $255,000. If you put a 20% down payment of $51,000 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $1,330 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $57K a year to afford the median home price in Lake Lakengren.
How are the schools in Lake Lakengren, OH?
Home Trends in Lake Lakengren, OH
On average, homes in Lake Lakengren, OH sell after 43 days on the market compared to the national average of 50 days. The median sale price for homes in Lake Lakengren, OH over the last 12 months is $245,000, down 28% from the median home sale price over the previous 12 months.
Median Sale Price
$245,000
Median Single Family Sale Price
$247,450
Average Price Per Sq Ft
$202
Number of Homes for Sale
5
Last 12 months Home Sales
72
Median List Price
$255,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-28%