Michigan City, ND is a beautiful place to call home. The median housing value is currently $88,300, which is substantially lower than the US housing median value of $338,100. Although the house appreciation in Michigan City, ND is slightly lower than the national average at 7.6%, it still provides an impressive return on investment for potential buyers and homeowners alike. The city is perfect for those looking to get into the housing market at a more affordable price point while still enjoying a great appreciation rate.
The median home cost in Michigan City is $88,300. Home appreciation the last 10 years has been 61.5%. Home Appreciation in Michigan City is up 9.6%.
Average Age of Homes
- The median age of Michigan City real estate is 59 years old
The Rental Market in Michigan City
- Renters make up 9.5% of the Michigan City population
- 4.9% of houses and apartments in Michigan City, 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.