The housing market in Almont, MI is thriving. The median value for homes in Almont is $285,800 which is much lower than the US median value of $338,100. Despite the difference in price points, the 1 year appreciation rate for houses in Almont is almost on par with the national average at 7.58%, compared to 8.27%. This speaks to a strong and stable housing market that allows buyers to get great value for their investment.
The median home cost in Almont is $285,800. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Almont is up 10.8%.
Average Age of Homes
- The median age of Almont real estate is 38 years old
The Rental Market in Almont
- Renters make up 18.3% of the Almont population
- 1.3% of houses and apartments in Almont, 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.