Clam Lake, MI is an excellent place to invest in housing. The median value of housing in Clam Lake is $224,700 which is significantly lower than the US house median value of $338,100. Furthermore, the 1 year appreciation rate for housing in Clam Lake is 15.49%, which is higher than the US 1 year appreciation rate of 8.27%. This makes Clam Lake a great option when looking to get good return on an investment for housing.
The median home cost in Clam Lake is $224,700. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Clam Lake is up 19.8%.
Average Age of Homes
- The median age of Clam Lake real estate is 31 years old
The Rental Market in Clam Lake
- Renters make up 8.1% of the Clam Lake population
- 0.0% of houses and apartments in Clam Lake, 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.