Forest Home, MI is an attractive place to buy a house due to its high median value of $339,200 and its high one year appreciation rate of 15.49%. This is considerably higher than the US median value of $338,100 and the US one year house appreciation rate of 8.27%, making Forest Home an enticing option for potential buyers. With such a robust housing market, those in the market for a new home should consider Forest Home, MI as a desirable location.
The median home cost in Forest Home is $339,200. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Forest Home is up 19.8%.
Average Age of Homes
- The median age of Forest Home real estate is 45 years old
The Rental Market in Forest Home
- Renters make up 3.8% of the Forest Home population
- 0.3% of houses and apartments in Forest Home, 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.