Mio, MI is a great place to call home for many due to its affordable prices. The housing median value in Mio, MI is $92,200 according to recent statistics, which is much lower than the US house median value of $338,100. Despite this lower price point, the one year appreciation rate of houses in Mio, MI has been 9.86%, which is higher than the national average of 8.27%. This means that homeowners in Mio are getting great value for their dollar and seeing returns on their investments faster than most other places in the country.
The median home cost in Mio is $92,200. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Mio is up 15.7%.
Average Age of Homes
- The median age of Mio real estate is 49 years old
The Rental Market in Mio
- Renters make up 18.7% of the Mio population
- 1.4% of houses and apartments in Mio, 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.