Detroit Beach, MI is known for its affordable housing market. The median value of a house in Detroit Beach is $142,600, which is significantly lower than the US median value of $338,100. Although the appreciation rate of housing in the US was 8.27% over 1 year, the appreciation rate for houses in Detroit Beach was even higher at 8.47%. This makes Detroit Beach an attractive option for those looking to buy a home with plenty of potential equity growth.
The median home cost in Detroit Beach is $142,600. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Detroit Beach is up 13.1%.
Average Age of Homes
- The median age of Detroit Beach real estate is 59 years old
The Rental Market in Detroit Beach
- Renters make up 23.1% of the Detroit Beach population
- 0.0% of houses and apartments in Detroit Beach, 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.