Huntington Woods, MI is an affluent suburb of Detroit, and its housing market reflects that. The median value of homes in Huntington Woods is $440,400, significantly higher than the national median of $338,100. In the past year, housing appreciation has been strong in the city, with values increasing by 7.58%, slightly lower than the 8.27% increase experienced nationally over the same period. Despite this slight dip in growth potential in Huntington Woods compared to other markets across the US, it remains a desirable place to live for those looking for a high-end real estate option near Detroit.
The median home cost in Huntington Woods is $440,400. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Huntington Woods is up 10.8%.
Average Age of Homes
- The median age of Huntington Woods real estate is 68 years old
The Rental Market in Huntington Woods
- Renters make up 3.1% of the Huntington Woods population
- 1.0% of houses and apartments in Huntington Woods, 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.