The housing market in Fabius, MI is thriving. The median value of homes in the city is $246,200, which is substantially lower than the US House Median Value of $338,100. However, one year house appreciation in Fabius is higher than the national average rate at 10.54%, compared to 8.27% nationwide. This indicates that investments in property in Fabius may yield good returns over time and that there are many opportunities for potential homebuyers looking for a place to settle down or invest in real estate.
The median home cost in Fabius is $246,200. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Fabius is up 14.9%.
Average Age of Homes
- The median age of Fabius real estate is 42 years old
The Rental Market in Fabius
- Renters make up 3.6% of the Fabius population
- 0.0% of houses and apartments in Fabius, 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.