The housing market in Sebewaing, MI is quite impressive. The median value for a house in the area is $100,400, significantly lower than the national median of $338,100. Despite the difference in median prices, homes in Sebewaing have seen a positive appreciation rate of 9.81% over the past year – slightly higher than the 8.27% increase nationally. This suggests that the housing market in Sebewaing is doing well and provides potential buyers with an opportunity to purchase a home at a relatively affordable price.
The median home cost in Sebewaing is $100,400. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Sebewaing is up 14.8%.
Average Age of Homes
- The median age of Sebewaing real estate is 63 years old
The Rental Market in Sebewaing
- Renters make up 18.5% of the Sebewaing population
- 2.9% of houses and apartments in Sebewaing, 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.