The housing market in Augusta, MI is very strong. The median value of a home is $249,200, which is significantly lower than the US median value of $338,100. However, despite the lower price point, homes in Augusta have seen an even greater appreciation rate over the past year than the national average with an increase of 10.54% compared to 8.27%. This robust appreciation makes investing in a home in Augusta a very attractive option for potential buyers looking to maximize their return on investment.
The median home cost in Augusta is $249,200. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Augusta is up 14.9%.
Average Age of Homes
- The median age of Augusta real estate is 61 years old
The Rental Market in Augusta
- Renters make up 26.1% of the Augusta population
- 1.5% of houses and apartments in Augusta, 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.