The housing market in Arvon, MI is doing quite well compared to the US median. The median value of homes in Arvon is $304,600, which is significantly lower than the US median of $338,100. Furthermore, the one-year house appreciation rate for Arvon is 12.24%, higher than the US average of 8.27%. This shows that there is a trend of increasing value when it comes to housing in Arvon. Therefore, investing in a property in this city can be very beneficial for one's financial future.
The median home cost in Arvon is $304,600. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Arvon is up 18.2%.
Average Age of Homes
- The median age of Arvon real estate is 41 years old
The Rental Market in Arvon
- Renters make up 0.9% of the Arvon population
- 0.0% of houses and apartments in Arvon, 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.