Housing in Billings, MI is a great investment opportunity due to its increasing median value. The median value of a house in Billings is $174,300, which is significantly lower than that of the US median value at $338,100. In the past year, the US house appreciation rate was 8.27%, whereas in Billings it was higher at 9.86%. This indicates that housing in Billings is appreciating more quickly than other areas and could be a great choice for those looking to invest in real estate.
The median home cost in Billings is $174,300. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Billings is up 15.7%.
Average Age of Homes
- The median age of Billings real estate is 43 years old
The Rental Market in Billings
- Renters make up 4.4% of the Billings population
- 0.0% of houses and apartments in Billings, 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.