Bangor, MI is a great place for those looking for affordable housing. The median housing value in Bangor is $131,200 which is much lower than the US House Median Value of $338,100. The 1 year house appreciation rate in Bangor is also higher than the national average at 10.54%, indicating that property values are increasing quickly. This makes Bangor an attractive option for buyers who want to purchase a home while it is still affordable.
The median home cost in Bangor is $131,200. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Bangor is up 14.9%.
Average Age of Homes
- The median age of Bangor real estate is 53 years old
The Rental Market in Bangor
- Renters make up 35.9% of the Bangor population
- 0.0% of houses and apartments in Bangor, 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.