Belding, MI is a great place to buy a home, as the median house value is significantly lower than the US median at $202,400. Home values have been on the rise in Belding with an 8.98% one year appreciation rate compared to the US rate of 8.27%. The market for housing in Belding is strong and shows no signs of slowing down anytime soon. With its low median house prices and high appreciation rate, now is an ideal time to invest in real estate in Belding.
The median home cost in Belding is $202,400. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Belding is up 12.2%.
Average Age of Homes
- The median age of Belding real estate is 61 years old
The Rental Market in Belding
- Renters make up 31.7% of the Belding population
- 0.8% of houses and apartments in Belding, 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.