The housing market in Suttons Bay township, MI is doing well, with a median value of $580,300. That is much higher than the US median value of $338,100. Furthermore, the appreciation rate for homes in the area has been much higher than the national average over the last year at 15.49%, compared to 8.27% nationally. This indicates that Suttons Bay township, MI is a desirable place to live and the housing market shows no signs of slowing down.
The median home cost in Suttons Bay township is $580,300. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Suttons Bay township is up 19.8%.
Average Age of Homes
- The median age of Suttons Bay township real estate is 28 years old
The Rental Market in Suttons Bay township
- Renters make up 18.0% of the Suttons Bay township population
- 4.3% of houses and apartments in Suttons Bay township, 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.