The housing market in Bainbridge, MI is flourishing as the median value of homes is $216,600, which is considerably less than the national median value of $338,100. This affordability makes for an attractive option for potential home buyers while also seeing an impressive 1 year house appreciation rate of 10.58% compared to the US's 8.27%. With these promising figures, it's no wonder why this area has seen a recent surge in popularity.
The median home cost in Bainbridge is $216,600. Home appreciation the last 10 years has been 89.9%. Home Appreciation in Bainbridge is up 15.3%.
Average Age of Homes
- The median age of Bainbridge real estate is 46 years old
The Rental Market in Bainbridge
- Renters make up 15.1% of the Bainbridge population
- 0.0% of houses and apartments in Bainbridge, 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.