Lawrence township, MI is a great area for housing with a median value of $207,300 which is significantly lower than the US House median value of $338,100. Additionally, over the past year the house appreciation in Lawrence township has been 10.54% which is higher than the US 1 year house appreciation rate of 8.27%. This makes Lawrence township an attractive option for housing as it offers more affordability and greater potential appreciation.
The median home cost in Lawrence township is $207,300. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Lawrence township is up 14.9%.
Average Age of Homes
- The median age of Lawrence township real estate is 42 years old
The Rental Market in Lawrence township
- Renters make up 19.4% of the Lawrence township population
- 2.3% of houses and apartments in Lawrence township, 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.