The housing in Ishpeming, MI is very affordable compared to the US median value of $338,100. The median value of homes in Ishpeming is $137,800 and has seen a significant appreciation over the last year with an increase of 12.90%, outpacing the US house appreciation of 8.27%. This makes Ishpeming an attractive option for potential homeowners looking for an affordable place to buy their home.
The median home cost in Ishpeming is $137,800. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Ishpeming is up 23.1%.
Average Age of Homes
- The median age of Ishpeming real estate is 78 years old
The Rental Market in Ishpeming
- Renters make up 26.1% of the Ishpeming population
- 1.6% of houses and apartments in Ishpeming, 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.