The housing market in Covert, MI is performing very well. The median value of houses in Covert is currently $156,000 which is significantly lower than the US median house value of $338,100. Furthermore, house appreciation rate in Covert has been 10.54% over the past year compared to 8.27% nationally. This higher appreciation rate means that homeowners are seeing a greater increase in the value of their properties and can expect to continue to benefit from rising values in the foreseeable future.
The median home cost in Covert is $156,000. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Covert is up 14.9%.
Average Age of Homes
- The median age of Covert real estate is 46 years old
The Rental Market in Covert
- Renters make up 13.7% of the Covert population
- 0.0% of houses and apartments in Covert, 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.