The housing market in Bunker Hill, MI is strong and growing. The median value of homes in the area is $219,800, significantly lower than the US median value of $338,100. However, the one-year appreciation rate in Bunker Hill is 9.08%, a bit higher than the US rate of 8.27%. This demonstrates that home values are rising in this area and could make for a sound investment.
The median home cost in Bunker Hill is $219,800. Home appreciation the last 10 years has been 104.9%. Home Appreciation in Bunker Hill is up 15.7%.
Average Age of Homes
- The median age of Bunker Hill real estate is 41 years old
The Rental Market in Bunker Hill
- Renters make up 11.5% of the Bunker Hill population
- 1.1% of houses and apartments in Bunker Hill, 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.