The housing in Almer, MI is a great investment for those looking to relocate or just buy a new home. The median value of homes in Almer is $143,200, which is significantly lower than the US median house value of $338,100. In addition to the low cost of housing in Almer, the city also has seen a 1-year appreciation rate of 9.81%, which is greater than the national average of 8.27%. For these reasons, Almer is an ideal location for those looking to get into real estate without breaking the bank.
The median home cost in Almer is $143,200. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Almer is up 14.8%.
Average Age of Homes
- The median age of Almer real estate is 46 years old
The Rental Market in Almer
- Renters make up 12.8% of the Almer population
- 0.6% of houses and apartments in Almer, 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.