The housing market in Cottrellville, MI is robust, with the median value of a home being $303,900. This figure is slightly below the US House Median Value of $338,100. Despite this slight discrepancy, it still shows that the real estate market in Cottrellville is very appealing and there has been an impressive appreciation rate of 7.58% over the last year – only slightly lower than the national average of 8.27%. This suggests that now is a great time to invest in property in Cottrellville for those looking to make long-term investments.
The median home cost in Cottrellville is $303,900. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Cottrellville is up 10.8%.
Average Age of Homes
- The median age of Cottrellville real estate is 38 years old
The Rental Market in Cottrellville
- Renters make up 10.2% of the Cottrellville population
- 0.0% of houses and apartments in Cottrellville, 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.