Sumner, MI is a great place to live for those looking for an affordable housing market. The median value of homes in Sumner is $146,700, which is significantly lower than the US median value of $338,100. In the past year, house appreciation rates have gone up 8.98% in Sumner, just slightly above the 8.27% rate seen nationally. This means that people who have purchased homes here recently could see a great return on their investment. It also makes Sumner an attractive option for potential buyers looking to buy a home at a reasonable price.
The median home cost in Sumner is $146,700. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Sumner is up 12.2%.
Average Age of Homes
- The median age of Sumner real estate is 45 years old
The Rental Market in Sumner
- Renters make up 15.0% of the Sumner population
- 0.0% of houses and apartments in Sumner, 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.