The housing market in East China, MI is thriving with a median value of $255,000. Although this is lower than the US median house value of $338,100, the 1 year house appreciation rate of 7.58% shows that values are steadily increasing and the market is healthy. This increase in house value has been great news for homeowners looking to find long-term investment security and make an easy profit by selling their property. With plenty of housing opportunities available to prospective buyers, East China, MI is a great place to live and invest in real estate.
The median home cost in East China is $255,000. Home appreciation the last 10 years has been 116.4%. Home Appreciation in East China is up 10.8%.
Average Age of Homes
- The median age of East China real estate is 43 years old
The Rental Market in East China
- Renters make up 24.4% of the East China population
- 1.2% of houses and apartments in East China, 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.