The housing market in Spalding, MI is thriving. The median value of homes in the area is $159,900 which is significantly lower than the US median of $338,100. Over the course of the past year, houses in the area have appreciated by 12.90%, which is significantly higher than the national average of 8.27%. This indicates a healthy and robust real estate market and could be an ideal time for potential buyers to take advantage of great deals on homes.
The median home cost in Spalding is $159,900. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Spalding is up 23.1%.
Average Age of Homes
- The median age of Spalding real estate is 44 years old
The Rental Market in Spalding
- Renters make up 14.3% of the Spalding population
- 0.9% of houses and apartments in Spalding, 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.