Durand, MI Housing

The housing market in Durand, MI is relatively affordable compared to the national average. The median value of a house in Durand is $130,000 whereas the nation median value is $338,100. That's less than half of the national average! The appreciation rate for houses in Durand over the last year was 6.41%, which is lower than the US average of 8.27%. This means that prices for homes in Durand have not seen as much of an increase as other parts of the country. Despite this, home ownership in Durand remains an attractive option due to its affordability and stability.

The median home cost in Durand is $130,000. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Durand is up 12.8%.

Average Age of Homes

- The median age of Durand real estate is 57 years old

The Rental Market in Durand

- Renters make up 37.3% of the Durand population
- 0.0% of houses and apartments in Durand, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Durand, Michigan	United States
	1,557.0	139,647,020.0
	75	42
	$130,000	$338,100
	12.8%	16.6%
	53.0%	57.0%
	118.0%	101.1%
	$13.81	$10.98
	$1,817	$2,690
	63.7%	57.4%
	2.1%	11.2%
	34.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	2.1%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	4.4%	2.4%
	13.8%	2.8%
	20.3%	3.9%
	16.7%	4.5%
	34.7%	11.3%
	7.2%	13.0%
	1.9%	20.1%
	1.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.5%	13.6%
	1.5%	13.6%
	5.1%	13.6%
	7.4%	13.2%
	13.6%	14.8%
	5.1%	13.6%
	12.0%	10.0%
	12.8%	4.7%
	42.1%	12.2%