Public transportation is the favored way to get from or around Lake Sunset, with many easy-to-access stations and stops helping you reach your destination. If you've always wanted to get into biking, this community will give you the motivation you need as quite a few people commute by bike rather than car here.
Lake Sunset will likely see many new residents moving in over time, as a good number of the homes are not lived in by the people who own them. There is a low median age in the population of this neighborhood, which is representative of the large majority of the people who belong to a younger generation. The average income earned in this place is below the norm.
Lake Sunset's real estate market is picking up 50 percent by average listing price, year-over-year. Last year, the average listing price was $140,000 and rose to $210,000 in this year. Such a large surge is a positive trend for current homeowners and new buyers in the local area looking to profit from rapidly increasing property values. During the same period, inventory tightened significantly, creating a more competitive market amongst homebuyers, with a 50 percent drop in homes for sale.