The housing market in Sanborn, MI is thriving, with the median value of houses in the area reaching $128,100. This is much lower than the US median house value of $338,100. In addition, the 1 year house appreciation rate in Sanborn stands at 16%, which is significantly higher than the 8.27% US average. This shows that Sanborn has been a very attractive location for potential homeowners and investors looking to purchase properties in the area.
The median home cost in Sanborn is $128,100. Home appreciation the last 10 years has been 97.6%. Home Appreciation in Sanborn is up 20.9%.
Average Age of Homes
- The median age of Sanborn real estate is 48 years old
The Rental Market in Sanborn
- Renters make up 17.7% of the Sanborn population
- 0.0% of houses and apartments in Sanborn, 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.