Marlette, MI is a small town located in the state of Michigan. The housing median value in Marlette is much lower than the US house median value at $145,500 compared to $338,100 respectively. While the US house appreciation rate for one year stands at 8.27%, that same metric in Marlette is 6.41%. Although these numbers are not as high as some other places, they indicate a stable and positive outlook for the housing market in Marlette.
The median home cost in Marlette is $145,500. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Marlette is up 12.8%.
Average Age of Homes
- The median age of Marlette real estate is 52 years old
The Rental Market in Marlette
- Renters make up 32.3% of the Marlette population
- 1.5% of houses and apartments in Marlette, 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.