St. Clair Shores, MI is known as a great place to buy a home due to its relatively low housing median value of $191,300 compared to the US house median value of $338,100. Additionally, the 1 year house appreciation rate in St. Clair Shores has been 7.58% which is lower than the national average of 8.27%. This makes it an attractive option for prospective homeowners looking to purchase a home at a reasonable price and get good returns on their investment.
The median home cost in St. Clair Shores is $191,300. Home appreciation the last 10 years has been 116.4%. Home Appreciation in St. Clair Shores is up 10.8%.
Average Age of Homes
- The median age of St. Clair Shores real estate is 60 years old
The Rental Market in St. Clair Shores
- Renters make up 20.3% of the St. Clair Shores population
- 0.6% of houses and apartments in St. Clair Shores, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.