Housing in Alba, MI is quite affordable with a median value of $87,700. This is significantly less than the US median house value of $338,100. Despite this low cost of housing, the one year house appreciation rate in Alba was 15.83%, which was higher than the US 1 year house appreciation rate of 8.27%. This suggests that housing in Alba is an attractive and profitable investment for potential buyers.
The median home cost in Alba is $87,700. Home appreciation the last 10 years has been 114.5%. Home Appreciation in Alba is up 20.3%.
Average Age of Homes
- The median age of Alba real estate is 51 years old
The Rental Market in Alba
- Renters make up 23.4% of the Alba population
- 0.0% of houses and apartments in Alba, 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.