The housing market in Bark River, MI is an attractive option for potential buyers. With a median value of $144,500, it is much lower than the national median value of $338,100. Although slightly lower than the national rate, house appreciation in Bark River has been a strong 12.90% compared to the US's 8.27%, providing an even more appealing investment opportunity to potential buyers in this community.
The median home cost in Bark River is $144,500. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Bark River is up 23.1%.
Average Age of Homes
- The median age of Bark River real estate is 43 years old
The Rental Market in Bark River
- Renters make up 10.8% of the Bark River population
- 0.4% of houses and apartments in Bark River, 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.