The housing market in Kentwood, MI is thriving. The median value of a house is $275,400 which is significantly lower than the US median value of $338,100. However, the 1 year appreciation rate in Kentwood is 11.49% which is higher than the US average of 8.27%. This suggests that the housing market in Kentwood, MI is doing well and has great potential for further growth in the coming years.
The median home cost in Kentwood is $275,400. Home appreciation the last 10 years has been 155.1%. Home Appreciation in Kentwood is up 15.2%.
Average Age of Homes
- The median age of Kentwood real estate is 37 years old
The Rental Market in Kentwood
- Renters make up 38.6% of the Kentwood population
- 0.9% of houses and apartments in Kentwood, 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.