The housing market in Bessemer township, MI has seen significant growth in the past year, with the median value of homes increasing by 12.24%. This is compared to the average US house appreciation rate of 8.27%, and the median value of US homes at $338,100. The median value for a home in Bessemer township is currently $142,800, making this an attractive option for those looking for reasonably priced housing options.
The median home cost in Bessemer township is $142,800. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Bessemer township is up 18.2%.
Average Age of Homes
- The median age of Bessemer township real estate is 70 years old
The Rental Market in Bessemer township
- Renters make up 12.5% of the Bessemer township population
- 2.2% of houses and apartments in Bessemer township, 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.