Glen Arbor, MI is a desirable location to purchase a home due to its attractive median value of $591,900. This is significantly higher than the US House Median Value of $338,100 and Glen Arbor has seen an even greater appreciation rate of 15.49% in the past year compared to the national average of 8.27%. This means that properties in Glen Arbor are increasing in value at a faster rate than most locations around the country and could be a great investment for potential home buyers.
The median home cost in Glen Arbor is $591,900. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Glen Arbor is up 19.8%.
Average Age of Homes
- The median age of Glen Arbor real estate is 36 years old
The Rental Market in Glen Arbor
- Renters make up 3.7% of the Glen Arbor population
- 0.0% of houses and apartments in Glen Arbor, 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.