Friendship, MI is an area with higher than average housing values compared to the national average. The median value of houses in Friendship, MI is $417,700, which is much higher than the US House Median Value of $338,100. Additionally, the 1 year house appreciation rate for Friendship, MI is 16.52%, more than double the US 1 year house appreciation rate of 8.27%. This data suggests that Friendship is a desirable area in which to purchase a home and could be a great investment option for those looking for a property with potential future increases in value.
The median home cost in Friendship is $417,700. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Friendship is up 21.4%.
Average Age of Homes
- The median age of Friendship real estate is 34 years old
The Rental Market in Friendship
- Renters make up 9.4% of the Friendship population
- 0.0% of houses and apartments in Friendship, 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.