The housing market in Vevay, MI is doing well. The median value for a house in the area is $259,500, which is slightly lower than the US median value of $338,100. Despite the lower median value, houses in Vevay have seen a higher rate of appreciation over the past year at 8.99%. This is higher than the national average of 8.27%. With a strong housing market and increasing home values, Vevay could be an ideal place to invest in real estate.
The median home cost in Vevay is $259,500. Home appreciation the last 10 years has been 96.7%. Home Appreciation in Vevay is up 12.5%.
Average Age of Homes
- The median age of Vevay real estate is 41 years old
The Rental Market in Vevay
- Renters make up 10.2% of the Vevay population
- 0.0% of houses and apartments in Vevay, 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.