East Tawas, MI is a great place to invest in housing. The median value for a house in East Tawas is $147,500 which is much lower than the US median of $338,100. In the last year, the US saw an 8.27% appreciation in housing while East Tawas saw an even higher 9.81% appreciation in housing prices. This makes it a great opportunity for those looking to buy or sell houses as the market looks to be trending up with strong investment potential and financial security on the horizon.
The median home cost in East Tawas is $147,500. Home appreciation the last 10 years has been 84.9%. Home Appreciation in East Tawas is up 14.8%.
Average Age of Homes
- The median age of East Tawas real estate is 48 years old
The Rental Market in East Tawas
- Renters make up 20.5% of the East Tawas population
- 2.7% of houses and apartments in East Tawas, 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.