Housing in Pipestone, MI is a great option for those looking for a home in Michigan. The median value of homes in Pipestone is $247,700, which is significantly lower than the US median value of $338,100. Not only that, but the 1 year appreciation rate for homes in Pipestone is 11.04%, which is higher than the US average appreciation rate of 8.27%. This makes it an attractive option for potential homeowners who want to take advantage of both lower costs and a higher rate of return on their investment.
The median home cost in Pipestone is $247,700. Home appreciation the last 10 years has been 85.5%. Home Appreciation in Pipestone is up 19.4%.
Average Age of Homes
- The median age of Pipestone real estate is 49 years old
The Rental Market in Pipestone
- Renters make up 11.9% of the Pipestone population
- 0.7% of houses and apartments in Pipestone, 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.