Victory, MI is a great area for people looking to invest in real estate. The median value of housing is $248,400 which is significantly lower than the US median value of $338,100. Despite this, Victory, MI has seen a strong appreciation rate in housing prices over the last year at 13.62%, higher than the US 1 year house appreciation rate of 8.27%. Investing in property in Victory, MI can be a smart move given the low cost and high returns that can come from it.
The median home cost in Victory is $248,400. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Victory is up 16.5%.
Average Age of Homes
- The median age of Victory real estate is 33 years old
The Rental Market in Victory
- Renters make up 12.1% of the Victory population
- 0.0% of houses and apartments in Victory, 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.