The housing market in Joyfield, MI is quite robust. The median value of a house in the city is $237,800, which is significantly lower than the US median value of $338,100. However, Joyfield's one-year house appreciation rate has been much higher than the US rate at 15.49% compared to 8.27%. This strong real estate market suggests that Joyfield is an attractive place to live and invest in property.
The median home cost in Joyfield is $237,800. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Joyfield is up 19.8%.
Average Age of Homes
- The median age of Joyfield real estate is 40 years old
The Rental Market in Joyfield
- Renters make up 5.2% of the Joyfield population
- 0.0% of houses and apartments in Joyfield, 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.