Stony Point, MI has an impressive median housing value of $191,200, compared to the US House Median Value of $338,100. This suggests that the area is relatively affordable for potential home buyers. Additionally, the US 1 year House Appreciation rate was 8.27%, while Stony Point, MI saw a slightly higher appreciation rate at 8.47%. This indicates that real estate in this area is trending positively and could be a good investment for those looking to purchase property in this city.
The median home cost in Stony Point is $191,200. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Stony Point is up 13.1%.
Average Age of Homes
- The median age of Stony Point real estate is 59 years old
The Rental Market in Stony Point
- Renters make up 15.9% of the Stony Point population
- 0.0% of houses and apartments in Stony Point, 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.