The housing market in Vicksburg, MI is booming. The median value of homes in Vicksburg stands at $222,100, which is significantly lower than the US median value of $338,100. However, despite this discrepancy, Vicksburg has seen a higher rate of house appreciation over the past year than the nation as a whole; 10.54%, compared to the US's 8.27%. This shows that there is great potential for investment in Vicksburg's housing market and that it makes for an attractive option for those looking to buy or rent real estate in the area.
The median home cost in Vicksburg is $222,100. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Vicksburg is up 14.9%.
Average Age of Homes
- The median age of Vicksburg real estate is 46 years old
The Rental Market in Vicksburg
- Renters make up 23.0% of the Vicksburg population
- 0.0% of houses and apartments in Vicksburg, 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.