The housing market in Carlton, MI is booming. The median value of a home is $263,000, which is significantly lower than the US median house value of $338,100. Over the last year, the appreciation rate of houses in Carlton has been 10.97%, much higher than the US average rate of 8.27%. This makes Carlton an attractive place to live for many potential buyers. With its affordable prices and high appreciation rates, the city offers great potential for those looking to make an investment in real estate.
The median home cost in Carlton is $263,000. Home appreciation the last 10 years has been 99.3%. Home Appreciation in Carlton is up 15.0%.
Average Age of Homes
- The median age of Carlton real estate is 46 years old
The Rental Market in Carlton
- Renters make up 9.9% of the Carlton population
- 0.0% of houses and apartments in Carlton, 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.