Sumpter, MI is a great place to live due to its affordability. The median value of housing in Sumpter is $251,800, which is significantly lower than the US median house value of $338,100. Despite its lower price tag, Sumpter still experiences a healthy level of appreciation with an 8.47% house appreciation rate over the last year compared to the national average of 8.27%. This makes Sumpter a great option for potential homeowners looking for an affordable and appreciating property.
The median home cost in Sumpter is $251,800. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Sumpter is up 13.1%.
Average Age of Homes
- The median age of Sumpter real estate is 39 years old
The Rental Market in Sumpter
- Renters make up 9.8% of the Sumpter population
- 0.0% of houses and apartments in Sumpter, 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.