Kaleva, MI is a great place to invest in real estate. The median housing value is $164,700, which is much lower than the national median of $338,100. Additionally, Kaleva has seen greater house appreciation over the last year of 15.49%, while the US average appreciation rate was 8.27%. This makes Kaleva an attractive place for those looking to purchase a home. With its relatively low housing costs and higher appreciation rates, real estate investments in Kaleva are sure to pay off.
The median home cost in Kaleva is $164,700. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Kaleva is up 19.8%.
Average Age of Homes
- The median age of Kaleva real estate is 59 years old
The Rental Market in Kaleva
- Renters make up 17.6% of the Kaleva population
- 2.6% of houses and apartments in Kaleva, 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.