Housing in Applegate, MI has a median value of $140,700 which is significantly lower than the US house median value of $338,100. The US housing appreciation rate for the past year was 8.27%, while in Applegate, MI it was 6.41%. This shows that Applegate housing market is slightly lagging behind other areas in terms of appreciation rate. While the median value is still lower than other regions, it is still an attractive option for those looking to purchase a home due to its lower cost and potential for future growth.
The median home cost in Applegate is $140,700. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Applegate is up 12.8%.
Average Age of Homes
- The median age of Applegate real estate is 73 years old
The Rental Market in Applegate
- Renters make up 16.4% of the Applegate population
- 0.0% of houses and apartments in Applegate, 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.