The housing market in Center, MI is showing very strong appreciation compared to the US median value. The median value of a house in Center, MI is currently $257,300, which is 24.08% less than the US median of $338,100. However, the 1 year appreciation rate for houses in Center, MI is an impressive 16.52%, while the US 1 year house appreciation rate is 8.27%. This demonstrates that the Center housing market has seen particularly strong growth over the last year and is a great place to invest in real estate.
The median home cost in Center is $257,300. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Center is up 21.4%.
Average Age of Homes
- The median age of Center real estate is 40 years old
The Rental Market in Center
- Renters make up 6.9% of the Center population
- 0.0% of houses and apartments in Center, 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.