Paw Paw, MI is known for its high quality housing. The median value of homes in the area is $222,600, which is much lower than the US house median value of $338,100. However, the one-year appreciation rate for houses in Paw Paw is 10.54%, which is higher than the national average of 8.27%. This makes it an attractive place to buy a home with great potential for growth in values over time.
The median home cost in Paw Paw is $222,600. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Paw Paw is up 14.9%.
Average Age of Homes
- The median age of Paw Paw real estate is 59 years old
The Rental Market in Paw Paw
- Renters make up 49.7% of the Paw Paw population
- 0.0% of houses and apartments in Paw Paw, 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.