Caspian, MI is a great place to live with an affordable housing market. The median value for homes in the area is $79,900 - significantly less than the US median house value of $338,100. This makes Caspian an attractive option for those looking to buy a home. Furthermore, the 1 year appreciation rate of 12.24% in Caspian is higher than the national average of 8.27%, which means that real estate investments in this area are likely to appreciate quickly over time. With a low cost and high appreciation rate, Caspian is an ideal location for those looking to purchase a home.
The median home cost in Caspian is $79,900. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Caspian is up 18.2%.
Average Age of Homes
- The median age of Caspian real estate is 78 years old
The Rental Market in Caspian
- Renters make up 16.1% of the Caspian population
- 7.2% of houses and apartments in Caspian, 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.