Alamo, MI is a great place to invest in housing. The median value of homes in Alamo is $269,200, which is significantly lower than the US median value of $338,100. Furthermore, the one year appreciation rate for housing in Alamo is 10.54%, which is higher than the US average of 8.27%. This means that investing in the housing market in Alamo could be a great way to make an attractive return on your investment.
The median home cost in Alamo is $269,200. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Alamo is up 14.9%.
Average Age of Homes
- The median age of Alamo real estate is 43 years old
The Rental Market in Alamo
- Renters make up 8.0% of the Alamo population
- 0.0% of houses and apartments in Alamo, 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.