Republic township, MI is a great place to invest in real estate. The median value for housing in the area is significantly lower than the national median ($99,900 compared to $338,100), making it more affordable for potential buyers. Additionally, houses have seen an impressive appreciation rate of 12.90% over the last year, which is higher than the US average of 8.27%. This means that buyers are likely to see a return on their investment in the near future.
The median home cost in Republic township is $99,900. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Republic township is up 23.1%.
Average Age of Homes
- The median age of Republic township real estate is 51 years old
The Rental Market in Republic township
- Renters make up 7.0% of the Republic township population
- 1.7% of houses and apartments in Republic township, 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.