The housing market in Climax, MI has been steadily increasing over the past year. The median value of homes there is currently $220,900, which is significantly below the US median house value of $338,100. Despite this gap in price, home values in Climax have seen an impressive appreciation rate of 10.54% over the past year compared to the US average of 8.27%. This suggests that the housing market in Climax is experiencing a strong period of growth, making it a great opportunity for potential buyers to invest in real estate.
The median home cost in Climax is $220,900. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Climax is up 14.9%.
Average Age of Homes
- The median age of Climax real estate is 53 years old
The Rental Market in Climax
- Renters make up 14.7% of the Climax population
- 1.7% of houses and apartments in Climax, 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.