The housing market in Grandville, MI has been on the rise. The median value for a home in Grandville is $300,400 which is slightly below the US median of $338,100. However, what really sets apart the real estate market in Grandville is the rate of house appreciation. In one year, the appreciation rate for homes in Grandville is 13.62%, much higher than the US average of 8.27%. This makes investing in real estate in Grandville an attractive option for potential homeowners or investors looking to capitalize on this growing market conditions.
The median home cost in Grandville is $300,400. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Grandville is up 16.5%.
Average Age of Homes
- The median age of Grandville real estate is 41 years old
The Rental Market in Grandville
- Renters make up 28.1% of the Grandville population
- 1.8% of houses and apartments in Grandville, 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.