The city of Kimball, MI is a great place to invest in housing. The median value of a house in Kimball is $198,500, which is much lower than the US median value of $338,100. Despite the lower cost of housing in this city, it has still experienced growth over the past year with an appreciation rate of 7.58%, which is only slightly below the US average appreciation rate of 8.27%. Investing in a home here can provide potential buyers with significant returns due to this combination of affordability and high appreciation rates.
The median home cost in Kimball is $198,500. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Kimball is up 10.8%.
Average Age of Homes
- The median age of Kimball real estate is 35 years old
The Rental Market in Kimball
- Renters make up 14.0% of the Kimball population
- 0.0% of houses and apartments in Kimball, 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.