The housing market in Fraser, MI is slightly below the national median value of $338,100, with a median value of $198,500. However, the 1 year appreciation rate is still strong at 7.58%, just shy of the US average of 8.27%. This indicates that despite the lower median value compared to other parts of the country, Fraser is still seeing growth in its real estate market. It may be an attractive option for potential homebuyers looking for affordability while still having access to equity building potential.
The median home cost in Fraser is $198,500. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Fraser is up 10.8%.
Average Age of Homes
- The median age of Fraser real estate is 46 years old
The Rental Market in Fraser
- Renters make up 27.0% of the Fraser population
- 0.0% of houses and apartments in Fraser, 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.