The housing market in Bay de Noc, MI is thriving. The median value of a house in the area is $202,400, significantly lower than the national median value of $338,100. Despite the lower price point, the 1 year appreciation rate for houses in Bay de Noc is 12.90%, far higher than the national average of 8.27%. This makes it an attractive option for potential buyers looking for a relatively affordable place to live with solid prospects for future growth.
The median home cost in Bay de Noc is $202,400. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Bay de Noc is up 23.1%.
Average Age of Homes
- The median age of Bay de Noc real estate is 47 years old
The Rental Market in Bay de Noc
- Renters make up 0.9% of the Bay de Noc population
- 0.0% of houses and apartments in Bay de Noc, 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.