The housing market in Bearinger, MI is seeing a surge in demand and appreciation as the median value of homes has increased to $274,300. This is significantly higher than the US median house value of $338,100 and has seen a remarkable 16.52% appreciation rate over the past year which is greater than the US 1 year house appreciation rate of 8.27%. This means that people investing in real estate in Bearinger are seeing a great return on their investments as the value of their homes continues to increase.
The median home cost in Bearinger is $274,300. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Bearinger is up 21.4%.
Average Age of Homes
- The median age of Bearinger real estate is 38 years old
The Rental Market in Bearinger
- Renters make up 1.2% of the Bearinger population
- 0.2% of houses and apartments in Bearinger, 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.