The housing market in Batavia, MI is booming. The median value of homes in the city is $186,200, significantly less than the US House Median Value of $338,100. This makes the city an attractive option for those looking for a more affordable option. Furthermore, the 1 year appreciation rate of 10.54% is higher than the national average of 8.27%. This suggests that real estate investments in Batavia may be a wise choice for those looking to invest in housing.
The median home cost in Batavia is $186,200. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Batavia is up 14.9%.
Average Age of Homes
- The median age of Batavia real estate is 51 years old
The Rental Market in Batavia
- Renters make up 19.1% of the Batavia population
- 0.5% of houses and apartments in Batavia, 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.