The housing market in L'Anse, MI is performing very well compared to the US average. The median value of a home in L'Anse is $123,000 which is significantly lower than the US median value of $338,100. In the last year, house appreciation in L'Anse has been 12.24% which is higher than the US average of 8.27%. This indicates that homes in L'Anse are increasing in value faster than those across the country. Therefore, if you are looking to purchase a home or invest in real estate, L'Anse is a great option.
The median home cost in L'Anse is $123,000. Home appreciation the last 10 years has been 97.4%. Home Appreciation in L'Anse is up 18.2%.
Average Age of Homes
- The median age of L'Anse real estate is 63 years old
The Rental Market in L'Anse
- Renters make up 21.7% of the L'Anse population
- 0.6% of houses and apartments in L'Anse, 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.