Housing in Hay, MI is relatively affordable compared to the US average. The median value of a house in Hay, MI is $151,300, while the US median value of a house is $338,100. In the past year, the appreciation rate of housing in Hay, MI was 9.86%, compared to 8.27% for nationwide housing values. This indicates that homes are increasing in value at a faster rate in Hay than elsewhere in the country on average.
The median home cost in Hay is $151,300. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Hay is up 15.7%.
Average Age of Homes
- The median age of Hay real estate is 37 years old
The Rental Market in Hay
- Renters make up 4.3% of the Hay population
- 0.0% of houses and apartments in Hay, 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.