Top 7 Affordable Lake Towns in 2020

Interest has piqued in lake towns since the onset of the COVID-19 pandemic.  Lead Economic analyst at Glenn S. Phillips remarked that sales of lakefront homes have increased over 40% over the years.  Lake trips are traditionally seen as fun family vacations, but are rarely purchased for the purpose of a main household.  However, with social distancing and homeschooling, living by the lake has never looked more appealing.  Listening to the lapping of waves on the shore, watching the sunrise reflect on the water, being walking distance from a fun lake-day with friends, it all sounds perfect.  Unfortunately, lake homes aren’t as readily available as one might think.  Below we’ll list the 7 most affordable lake towns to purchase your dream home in.

  1. Chestertown, New York

Median Home Price: $493,900

  1. Branson, Missouri 

Median Home Price: $444,900

  1. Glen Arbor, Michigan

Median Home Price: $390,000

  1. Chelan, Wash

Median Home Price: $549,500

  1. Gouldsboro, Pennsylvania

Median Home Price: $371,500

  1. Vermilion, Ohio

Median Home Price: $557,800

  1. Wisconsin Dells, Wisconsin

Median Home Price: $437,000

Living on a lake has immeasurable pros: the air is fresher, the scenery is beautiful, and there are no marina fees. Not to mention that it would be a great investment: lake properties hold and increase in value better than any other kind of real estate. Don’t wait to buy your dream lakefront home; the supportive, enthusiastic agents at VB Realty Group are available to guide you on every step of the way.

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