The housing market in Allis, MI is thriving and has been steadily increasing over the past year. The median value of a house in Allis, MI is currently $126,900, which is far lower than the US median house value of $338,100. Despite this difference, the rate of appreciation for homes in Allis, MI is much higher at 16.52%, compared to the US average of 8.27%. This indicates that there is plenty of opportunity for growth in the Allis housing market and could make it an attractive option for potential buyers looking to invest their money.
The median home cost in Allis is $126,900. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Allis is up 21.4%.
Average Age of Homes
- The median age of Allis real estate is 41 years old
The Rental Market in Allis
- Renters make up 7.4% of the Allis population
- 0.0% of houses and apartments in Allis, 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.