The housing market in Almena, MI is performing very well, with a median value of $277,400. This is significantly lower than the US median value of $338,100, but the one-year house appreciation rate for Almena is 10.54%, which is higher than the national average of 8.27%. This suggests that the housing market in Almena is currently performing better than much of the rest of the country, and may be a good option for those looking to invest in a property.
The median home cost in Almena is $277,400. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Almena is up 14.9%.
Average Age of Homes
- The median age of Almena real estate is 34 years old
The Rental Market in Almena
- Renters make up 3.0% of the Almena population
- 0.0% of houses and apartments in Almena, 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.