The housing market in Bellaire, MI is vibrant and growing. The median value of housing in Bellaire is $279,900, which is significantly lower than the US House Median Value of $338,100. Despite this difference, the one year appreciation rate for housing in Bellaire was 15.49%, much higher than the US average of 8.27%. This indicates that Bellaire's real estate is a great investment and has good potential for growth in the future.
The median home cost in Bellaire is $279,900. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Bellaire is up 19.8%.
Average Age of Homes
- The median age of Bellaire real estate is 54 years old
The Rental Market in Bellaire
- Renters make up 27.2% of the Bellaire population
- 1.7% of houses and apartments in Bellaire, 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.