The housing market in Chums Corner, MI is thriving. The median value of a house in the area is $288,500, which is significantly lower than the US median of $338,100. In addition, the appreciation rate for homes in Chums Corner has been rapid over the last year with an appreciation of 15.49%, compared to 8.27% nationally. This makes Chums Corner an attractive option for potential home buyers and investors alike looking to make a sound investment in real estate.
The median home cost in Chums Corner is $288,500. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Chums Corner is up 19.8%.
Average Age of Homes
- The median age of Chums Corner real estate is 24 years old
The Rental Market in Chums Corner
- Renters make up 28.7% of the Chums Corner population
- 0.0% of houses and apartments in Chums Corner, 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.