Hematite, MI is a great place to buy a home. The median value of homes in Hematite is $92,700, which is significantly lower than the US house median value of $338,100. Furthermore, the 1-year appreciation rate for homes in Hematite is 12.24%, higher than the US 1 year house appreciation rate of 8.27%. These numbers show that buying a home in Hematite can be a wise investment and provide owners with excellent returns on their investments.
The median home cost in Hematite is $92,700. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Hematite is up 18.2%.
Average Age of Homes
- The median age of Hematite real estate is 47 years old
The Rental Market in Hematite
- Renters make up 7.5% of the Hematite population
- 0.0% of houses and apartments in Hematite, 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.