Hendricks, MI is a great area for those looking to invest in housing. The median value of a home in Hendricks, MI is $125,700 which is significantly lower than the US median of $338,100. This difference makes Hendricks an attractive option for potential buyers who want to get more bang for their buck. Additionally, the 1 year appreciation rate in Hendricks is 16.52%, which is much higher than the national average of 8.27%. This means that investing in a home in Hendricks can result in significant returns over time. With these factors taken into consideration, there's no doubt that Hendricks is an excellent place to invest in housing.
The median home cost in Hendricks is $125,700. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Hendricks is up 21.4%.
Average Age of Homes
- The median age of Hendricks real estate is 38 years old
The Rental Market in Hendricks
- Renters make up 3.5% of the Hendricks population
- 1.1% of houses and apartments in Hendricks, 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.