Manchester township, MI is a great place to live with an abundance of housing options. The median value of homes in the area is $308,600, which is slightly below the US median housing value of $338,100. Despite this difference, Manchester township has seen a positive trend in housing appreciation over the past year with an increase of 8.49%. This trend outpaces the US 1 year house appreciation rate of 8.27%, making it one of the more desirable locations for real estate investments in Michigan.
The median home cost in Manchester township is $308,600. Home appreciation the last 10 years has been 109.7%. Home Appreciation in Manchester township is up 13.2%.
Average Age of Homes
- The median age of Manchester township real estate is 41 years old
The Rental Market in Manchester township
- Renters make up 12.9% of the Manchester township population
- 1.2% of houses and apartments in Manchester 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.