Caledonia, MI is known for its high housing median value of $387,300. This number is significantly higher than the US house median value of $338,100. Additionally, the US has shown an appreciation rate of 8.27%, while Caledonia has an even higher appreciation rate of 12.54%. This makes Caledonia a popular choice amongst home buyers looking to make a great financial investment in their housing.
The median home cost in Caledonia is $387,300. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Caledonia is up 16.2%.
Average Age of Homes
- The median age of Caledonia real estate is 30 years old
The Rental Market in Caledonia
- Renters make up 31.2% of the Caledonia population
- 1.6% of houses and apartments in Caledonia, 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.