Stockbridge township, MI has an impressive housing median value of $240,900. Compared to the US House Median Value of $338,100, Stockbridge has a much lower price point for housing. However, its appreciation rate is even higher than the US average. In the last year, house values in Stockbridge have appreciated by 9.09%, which is more than double the US 1 year House Appreciation of 8.27%. This means that Stockbridge is an attractive and lucrative place for investing in property and homeowners stand to benefit from rapidly increasing real estate values.
The median home cost in Stockbridge township is $240,900. Home appreciation the last 10 years has been 106.0%. Home Appreciation in Stockbridge township is up 16.1%.
Average Age of Homes
- The median age of Stockbridge township real estate is 42 years old
The Rental Market in Stockbridge township
- Renters make up 14.7% of the Stockbridge township population
- 1.1% of houses and apartments in Stockbridge 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.