The housing market in Henrietta, MI is quite strong compared to the rest of the United States. The median house value in Henrietta is $226,100, which is $112,000 lower than the US median house value of $338,100. Despite this difference in value, the appreciation rate for houses in Henrietta over the last year is an impressive 9.09%, higher than the US average of 8.27%. This signifies that the market in Henrietta is growing at a faster rate than most other cities and towns across the country. With its relatively low house values and high rates of appreciation, Henrietta appears to be a great place to invest in real estate.
The median home cost in Henrietta is $226,100. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Henrietta is up 16.2%.
Average Age of Homes
- The median age of Henrietta real estate is 33 years old
The Rental Market in Henrietta
- Renters make up 7.6% of the Henrietta population
- 0.0% of houses and apartments in Henrietta, 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.