The housing market in Albee, MI is quite stable and offers competitive prices compared to the US house median value. The median value for housing in Albee is $152,900 which is much lower than the US median value of $338,100. Although the US saw a 8.27% increase in house appreciation over the last year, Albee had a more modest 7.07% increase. This shows that while still being affordable, the housing market in Albee is viable and growing steadily but at a slower rate.
The median home cost in Albee is $152,900. Home appreciation the last 10 years has been 110.0%. Home Appreciation in Albee is up 13.4%.
Average Age of Homes
- The median age of Albee real estate is 49 years old
The Rental Market in Albee
- Renters make up 5.8% of the Albee population
- 0.0% of houses and apartments in Albee, 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.