Rose Lake, MI is a great place to invest in housing. The median value for homes in this area is currently $154,700, making it significantly lower than the US house median value of $338,100. In addition, the 1 year house appreciation rate in Rose Lake is 15.49%, higher than the national rate of 8.27%. This shows that investing in real estate here could be a great financial decision and could provide a higher return on investment than other areas.
The median home cost in Rose Lake is $154,700. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Rose Lake is up 19.8%.
Average Age of Homes
- The median age of Rose Lake real estate is 34 years old
The Rental Market in Rose Lake
- Renters make up 3.9% of the Rose Lake population
- 0.0% of houses and apartments in Rose Lake, 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.