Housing in Northport, MI is considerably more expensive than the US median, with a median value of $611,300 compared to the national median of $338,100. Over the past year, house appreciation in Northport has been significantly higher than the national average at 15.49%, as opposed to 8.27%. This means that home values have gone up by an average of over 7% more than other parts of the country. This illustrates how desirable and costly housing is in Northport.
The median home cost in Northport is $611,300. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Northport is up 19.8%.
Average Age of Homes
- The median age of Northport real estate is 62 years old
The Rental Market in Northport
- Renters make up 6.3% of the Northport population
- 3.9% of houses and apartments in Northport, 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.