The median value of housing in Armada, MI is $285,900, which is lower than the US median value of $338,100. Although the one year appreciation rate in Armada is 7.58%, which is slightly lower than the US average of 8.27%, this still demonstrates a strong and healthy housing market in the area. This indicates that people are looking to invest in homes in Armada due to its great location and amenities.
The median home cost in Armada is $285,900. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Armada is up 10.8%.
Average Age of Homes
- The median age of Armada real estate is 52 years old
The Rental Market in Armada
- Renters make up 23.0% of the Armada population
- 0.0% of houses and apartments in Armada, 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.