Cannon, MI is a desirable place to live as evidenced by its higher than average housing median value of $453,200. This is significantly higher than the US House Median Value of $338,100 due to strong house appreciation. Over the past year, Cannon experienced an impressive 12.54% appreciation in housing values which is much higher than the US 1 year House Appreciation of 8.27%. This trend shows that Cannon remains an attractive place for homeowners looking for a good return on their investment.
The median home cost in Cannon is $453,200. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Cannon is up 16.2%.
Average Age of Homes
- The median age of Cannon real estate is 27 years old
The Rental Market in Cannon
- Renters make up 5.9% of the Cannon population
- 0.0% of houses and apartments in Cannon, 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.