The housing market in Aurelius, MI is very strong. The median value of homes in the area is $266,500, which is significantly lower than the US house median value of $338,100. This means that it can be more affordable to buy a home in the area. The US house appreciation rate has been 8.27%, but the 1 year house appreciation rate for Aurelius, MI is even higher at 8.98%. This makes Aurelius, MI an attractive place to invest in real estate, as prices are likely to go up over time and provide a solid return on investment.
The median home cost in Aurelius is $266,500. Home appreciation the last 10 years has been 96.2%. Home Appreciation in Aurelius is up 12.3%.
Average Age of Homes
- The median age of Aurelius real estate is 31 years old
The Rental Market in Aurelius
- Renters make up 11.4% of the Aurelius population
- 1.0% of houses and apartments in Aurelius, 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.