Marcellus township, MI is a great place to invest in housing. The median value of a house in the area is $165,500, which is lower than the US median value of $338,100. In the past year, houses have appreciated 10.54%, higher than the national average of 8.27%. This means that there could be potential for a decent return from investing in residential real estate here. Additionally, with values still below the national average, Marcellus township homeowners can enjoy lower taxes and more affordable housing costs than other parts of the country.
The median home cost in Marcellus township is $165,500. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Marcellus township is up 14.9%.
Average Age of Homes
- The median age of Marcellus township real estate is 55 years old
The Rental Market in Marcellus township
- Renters make up 12.0% of the Marcellus township population
- 0.0% of houses and apartments in Marcellus 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.