Gagetown, MI is a great place to invest in housing. The median value of homes in Gagetown is $100,700 which is significantly lower than the US median house value of $338,100. Furthermore, the 1-year appreciation rate for Gagetown's housing market has been reported at 9.81%, higher than the 8.27% national average appreciation rate. This makes Gagetown an attractive area for potential homeowners looking to maximize their return on investment and take advantage of its appreciating real estate market.
The median home cost in Gagetown is $100,700. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Gagetown is up 14.8%.
Average Age of Homes
- The median age of Gagetown real estate is 62 years old
The Rental Market in Gagetown
- Renters make up 23.2% of the Gagetown population
- 3.0% of houses and apartments in Gagetown, 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.