Ridgeway, MI is a great place to live for people looking for affordable housing. The median house value in the area is $214,500, which is much lower than the US median house value of $338,100. In addition, the 1-year house appreciation rate in Ridgeway is 9.09%, higher than the 8.27% national average appreciation rate. This means that those who purchase a home in Ridgeway now can look forward to a potentially significant increase in their property's value over time. With its affordability and impressive appreciation rates, Ridgeway offers an appealing option for people seeking real estate investments or just looking for a place to call home.
The median home cost in Ridgeway is $214,500. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Ridgeway is up 16.2%.
Average Age of Homes
- The median age of Ridgeway real estate is 68 years old
The Rental Market in Ridgeway
- Renters make up 20.3% of the Ridgeway population
- 0.0% of houses and apartments in Ridgeway, 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.