Marquette, MI is a great place to live with a median housing value of $259,200. This is substantially lower than the US house median value of $338,100, making it an attractive option for potential homebuyers. Not only that, but house appreciation in Marquette is also quite strong with an annual appreciation rate of 12.90%, compared to the US rate of 8.27%. It's clear that this city offers plenty of opportunity when it comes to real estate investment and home ownership.
The median home cost in Marquette is $259,200. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Marquette is up 23.1%.
Average Age of Homes
- The median age of Marquette real estate is 57 years old
The Rental Market in Marquette
- Renters make up 47.5% of the Marquette population
- 1.5% of houses and apartments in Marquette, 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.