The housing market in Bowne, MI is thriving, with the median home value being $397,400 compared to the US median of $338,100. Furthermore, property values have appreciated by 12.50% year-on-year in Bowne, MI, which is above the national average of 8.27%. This demonstrates that investing in real estate in Bowne can be a prudent decision and can yield significant returns over time.
The median home cost in Bowne is $397,400. Home appreciation the last 10 years has been 120.7%. Home Appreciation in Bowne is up 16.2%.
Average Age of Homes
- The median age of Bowne real estate is 32 years old
The Rental Market in Bowne
- Renters make up 9.1% of the Bowne population
- 1.3% of houses and apartments in Bowne, 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.