Lathrup Village, MI is a great place to live with a median housing value of $301,600. This value is lower than the US median house value of $338,100 and when it comes to appreciation, Lathrup Village has experienced an impressive 7.58% house appreciation in the past year compared to 8.27% nationally. This demonstrates that real estate in Lathrup Village is maintaining its value well and makes it an attractive investment for potential homeowners or property investors.
The median home cost in Lathrup Village is $301,600. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Lathrup Village is up 10.8%.
Average Age of Homes
- The median age of Lathrup Village real estate is 60 years old
The Rental Market in Lathrup Village
- Renters make up 10.1% of the Lathrup Village population
- 0.0% of houses and apartments in Lathrup Village, 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.