The housing market in Alabaster, MI is thriving. The median value of housing in Alabaster is $296,100, which is slightly below the national median value of $338,100. However, Alabaster has seen a higher rate of appreciation over the last year with 9.81%, compared to the US average of 8.27%. This shows that home values in Alabaster are on the rise and could be a great area to invest in for those looking for a solid return on their investment.
The median home cost in Alabaster is $296,100. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Alabaster is up 14.8%.
Average Age of Homes
- The median age of Alabaster real estate is 51 years old
The Rental Market in Alabaster
- Renters make up 3.8% of the Alabaster population
- 0.0% of houses and apartments in Alabaster, 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.