Housing in Leonard, MI is a great investment. The median value of a house in Leonard, MI is $434,000 which is significantly higher than the US median value of $338,100. Furthermore, house appreciation in Leonard, MI has been 8.00% over the last year which is just slightly lower than the US 1 year appreciation rate of 8.27%. All these factors indicate that housing in Leonar MI can be a sound financial investment for individuals looking to purchase property in the area.
The median home cost in Leonard is $434,000. Home appreciation the last 10 years has been 110.3%. Home Appreciation in Leonard is up 11.2%.
Average Age of Homes
- The median age of Leonard real estate is 70 years old
The Rental Market in Leonard
- Renters make up 13.5% of the Leonard population
- 0.0% of houses and apartments in Leonard, 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.