The housing market in Auburn, MI is vibrant and booming. The median value of a house in Auburn is $181,100 compared to the US House median value of $338,100. This significant difference reflects the affordability of homes in the area. What's more, over the past year, house appreciation in Auburn has been 9.86%, higher than the US average of 8.27%, demonstrating strong growth potential for buyers in this market. With its relatively low cost of entry and high rate of return on investment, Auburn is an attractive option for potential homeowners looking for affordable housing that appreciates quickly.
The median home cost in Auburn is $181,100. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Auburn is up 15.7%.
Average Age of Homes
- The median age of Auburn real estate is 51 years old
The Rental Market in Auburn
- Renters make up 36.1% of the Auburn population
- 0.0% of houses and apartments in Auburn, 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.