Cement City, MI is a great place to live with a median housing value of $211,100. This value is significantly lower compared to the US house median value of $338,100. Despite this difference in value, Cement City has seen a greater appreciation when comparing the 1 year appreciation rate at 9.09%, compared to the US 1 year appreciation rate at 8.27%. This makes Cement City a great option for those looking for an affordable home in a desirable location as it offers great potential for growth of their investment.
The median home cost in Cement City is $211,100. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Cement City is up 16.2%.
Average Age of Homes
- The median age of Cement City real estate is 73 years old
The Rental Market in Cement City
- Renters make up 22.7% of the Cement City population
- 0.0% of houses and apartments in Cement City, 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.