The housing market in Ferry, MI is flourishing with a median value of $191,000 and a one year appreciation rate of 13.62%. This is higher than the US house median value of $338,100 and the one year appreciation rate of 8.27%. Homeowners in Ferry, MI are reaping the benefits of a strong property market with an excellent return on their investments. The area is especially attractive for those looking to buy property as it offers great affordability and potential for capital growth over time.
The median home cost in Ferry is $191,000. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Ferry is up 16.5%.
Average Age of Homes
- The median age of Ferry real estate is 38 years old
The Rental Market in Ferry
- Renters make up 9.5% of the Ferry population
- 0.0% of houses and apartments in Ferry, 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.