The housing market in Pearl Beach, MI is quite impressive. The median value of all homes in the area is $247,600, which is much lower than the US median house value of $338,100. Despite this difference in value, home appreciation in the area has increased steadily over the past year by 7.58%, just below the national rate of 8.27%. This shows that people are investing more in Pearl Beach for their homes and that the market is growing. It is a great place to live and invest!
The median home cost in Pearl Beach is $247,600. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Pearl Beach is up 10.8%.
Average Age of Homes
- The median age of Pearl Beach real estate is 48 years old
The Rental Market in Pearl Beach
- Renters make up 10.2% of the Pearl Beach population
- 0.0% of houses and apartments in Pearl Beach, 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.