The housing market in Midland, MI is thriving. The median value of a house in Midland is $200,900, which is significantly lower than the US median at $338,100. In the past year, there has been an 8.27% increase in US house values and a 9.86% increase in Midland house values. This demonstrates that Midland offers a great opportunity for those looking to invest in property as the appreciation rate is higher than the national average.
The median home cost in Midland is $200,900. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Midland is up 15.7%.
Average Age of Homes
- The median age of Midland real estate is 47 years old
The Rental Market in Midland
- Renters make up 35.0% of the Midland population
- 1.2% of houses and apartments in Midland, 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.