Housing in Addison, MI is quite desirable due to its lower median value of $209,700 compared to the national median value of $338,100. The house appreciation rate over the past year has seen an increase of 9.09% which is higher than the US average of 8.27%, making it a great option for people looking to invest in real estate. The area offers a low cost living with all the amenities one would expect from larger cities. With all these factors combined, it's no wonder that demand for housing in Addison, MI continues to grow.
The median home cost in Addison is $209,700. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Addison is up 16.2%.
Average Age of Homes
- The median age of Addison real estate is 69 years old
The Rental Market in Addison
- Renters make up 33.3% of the Addison population
- 0.0% of houses and apartments in Addison, 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.