Skidway Lake, MI is an area with a median house value that is much lower than the US Median Value. This difference in prices makes it attractive for those who are looking for more affordable housing options. However, the 1-year house appreciation rate in Skidway Lake, MI is higher than the US average at 9.82%, making it a viable option for those looking to invest in real estate. Overall, Skidway Lake has a great potential in terms of housing investment opportunities due to its relatively low cost and high appreciation rate.
The median home cost in Skidway Lake is $75,400. Home appreciation the last 10 years has been 82.7%. Home Appreciation in Skidway Lake is up 15.0%.
Average Age of Homes
- The median age of Skidway Lake real estate is 45 years old
The Rental Market in Skidway Lake
- Renters make up 11.6% of the Skidway Lake population
- 0.0% of houses and apartments in Skidway 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.