The housing in Bear Lake township (Manistee County), MI is very desirable, as evidenced by the median value of $217,600. This is well above the median US house value of $338,100. In the past year, there has been strong growth in the housing market in Bear Lake township, with an appreciation of 15.49%, compared to 8.27% for the nation as a whole. With such an attractive housing market and strong potential for appreciation, Bear Lake township is a great place to invest or live!
The median home cost in Bear Lake township township (Manistee County) is $217,600. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Bear Lake township township (Manistee County) is up 19.8%.
Average Age of Homes
- The median age of Bear Lake township township (Manistee County) real estate is 50 years old
The Rental Market in Bear Lake township township (Manistee County)
- Renters make up 5.9% of the Bear Lake township township (Manistee County) population
- 0.4% of houses and apartments in Bear Lake township township (Manistee County), 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.