Ithaca, MI has a median housing value of $138,800 which is significantly lower than the national median value of $338,100. Despite this notable discrepancy, the city's one year house appreciation rate still remains slightly higher than the national rate at 8.98%. This indicates that Ithaca is becoming an increasingly popular place for those looking to purchase property and invest in the housing market. In addition to its relative affordability compared to other cities, Ithaca's house appreciation rate makes it a great choice for those interested in taking advantage of a potential return on their investment.
The median home cost in Ithaca is $138,800. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Ithaca is up 12.2%.
Average Age of Homes
- The median age of Ithaca real estate is 58 years old
The Rental Market in Ithaca
- Renters make up 27.3% of the Ithaca population
- 0.0% of houses and apartments in Ithaca, 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.