Boyne Valley, MI is experiencing a housing boom. The median value of homes in the area is $237,400 which is significantly lower than the national median of $338,100. Despite the lower median value, Boyne Valley is experiencing an appreciation rate that is more than double the national rate at 16.52 percent compared to 8.27 percent for the rest of the country. This indicates that now may be a great time to invest in real estate in Boyne Valley.
The median home cost in Boyne Valley is $237,400. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Boyne Valley is up 21.4%.
Average Age of Homes
- The median age of Boyne Valley real estate is 34 years old
The Rental Market in Boyne Valley
- Renters make up 6.0% of the Boyne Valley population
- 0.0% of houses and apartments in Boyne Valley, 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.