The housing market in Victor, MI is vibrant and thriving. The median value of homes is $306,300, which is below the national median value of $338,100. However, Victor has seen a higher appreciation rate than the nation-wide average; with an 8.98% increase year to year compared to 8.27%. This indicates that the market in Victor is well above average and there could be potential for further growth in the future.
The median home cost in Victor is $306,300. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Victor is up 12.2%.
Average Age of Homes
- The median age of Victor real estate is 38 years old
The Rental Market in Victor
- Renters make up 7.9% of the Victor population
- 0.0% of houses and apartments in Victor, 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.