The housing market in Matchwood, MI is thriving. The median value of a house in the city is $170,300 which is much lower than the US House median value of $338,100. In addition, the 1 year appreciation rate for houses in Matchwood, MI stands at 12.24%, which is more than double the US average of 8.27%. This suggests that Matchwood, MI is seeing increased demand for housing and a significant increase in property values over the past year.
The median home cost in Matchwood is $170,300. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Matchwood is up 18.2%.
Average Age of Homes
- The median age of Matchwood real estate is 38 years old
The Rental Market in Matchwood
- Renters make up 2.9% of the Matchwood population
- 0.0% of houses and apartments in Matchwood, 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.