The housing in Manitou Beach-Devils Lake, MI is quite impressive. The median value of homes is $258,700, which is significantly lower than the US median house value of $338,100. Furthermore, the 1 year appreciation rate of homes has also been higher than the national average, sitting at 9.09%. This is good news for those looking to invest in this area as it's likely that their investment will appreciate over time. This area offers an attractive option for those looking to purchase a home with a great value and potential for growth.
The median home cost in Manitou Beach-Devils Lake is $258,700. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Manitou Beach-Devils Lake is up 16.2%.
Average Age of Homes
- The median age of Manitou Beach-Devils Lake real estate is 56 years old
The Rental Market in Manitou Beach-Devils Lake
- Renters make up 4.3% of the Manitou Beach-Devils Lake population
- 0.0% of houses and apartments in Manitou Beach-Devils Lake, 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.