Housing in Stephenson township, MI is a great investment opportunity. The median value for housing in the township is $192,500, which is much lower than the US House Median Value of $338,100. The US house appreciation rate for the last year was 8.27%, yet the one year appreciation rate for houses in Stephenson township was 12.90%. This higher increase shows that housing values are increasing at a rapid pace and could be a great way to invest money into real estate. Investing in housing now will likely result in significant returns later on due to the strong appreciation rate.
The median home cost in Stephenson township is $192,500. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Stephenson township is up 23.1%.
Average Age of Homes
- The median age of Stephenson township real estate is 46 years old
The Rental Market in Stephenson township
- Renters make up 7.4% of the Stephenson township population
- 0.0% of houses and apartments in Stephenson township, 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.