Stockbridge, MI is a great place to invest in housing. The median value of homes in the area is $232,200, which is significantly lower than the national average of $338,100. Additionally, the one year appreciation rate for Stockbridge homes was 9.09%, higher than the US average of 8.27%. This makes investing in real estate stockbridge an attractive option, as you could potentially realize a greater return on your investment than elsewhere.
The median home cost in Stockbridge is $232,200. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Stockbridge is up 16.2%.
Average Age of Homes
- The median age of Stockbridge real estate is 68 years old
The Rental Market in Stockbridge
- Renters make up 27.1% of the Stockbridge population
- 2.7% of houses and apartments in Stockbridge, 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.