The housing market in LaGrange, MI is quite strong with the median value of homes being $135,200. This is considerably lower than the US House Median Value at $338,100. However, LaGrange has seen a much higher rate of appreciation over the past year at 10.54%, compared to 8.27% nationally. This suggests that people are investing in housing in this area and that it is a good market to invest in for potential buyers.
The median home cost in LaGrange is $135,200. Home appreciation the last 10 years has been 90.4%. Home Appreciation in LaGrange is up 14.9%.
Average Age of Homes
- The median age of LaGrange real estate is 52 years old
The Rental Market in LaGrange
- Renters make up 29.1% of the LaGrange population
- 3.2% of houses and apartments in LaGrange, 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.