The housing market in Scio, MI is incredibly robust. The median value of a house in the area is an impressive $537,100, significantly higher than the US House median value of $338,100. Additionally, the 1 year appreciation rate for houses in Scio is 8.47%, and outpaces the national average of 8.27%. It's clear that the housing market in Scio is doing very well and continues to be a strong investment for those looking to purchase property in the area.
The median home cost in Scio is $537,100. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Scio is up 13.1%.
Average Age of Homes
- The median age of Scio real estate is 25 years old
The Rental Market in Scio
- Renters make up 20.3% of the Scio population
- 0.6% of houses and apartments in Scio, 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.