West Ishpeming, Michigan has a median value of housing that is much lower than the US median value of $338,100. However, West Ishpeming's one year housing appreciation rate is much higher at 12.90%, significantly outpacing the US rate of 8.27%. This indicates that the housing market in West Ishpeming is likely to be very competitive and a lucrative investment opportunity for potential buyers who are looking for an affordable house with potential for strong returns on their investment.
The median home cost in West Ishpeming is $159,100. Home appreciation the last 10 years has been 71.4%. Home Appreciation in West Ishpeming is up 23.1%.
Average Age of Homes
- The median age of West Ishpeming real estate is 44 years old
The Rental Market in West Ishpeming
- Renters make up 6.4% of the West Ishpeming population
- 0.0% of houses and apartments in West Ishpeming, 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.