Beverly Hills, MI is an affluent area known for its impressive housing options. The median value of a home in Beverly Hills is $457,300, which is significantly higher than the US median value of $338,100. Although the appreciation rate of homes in the US has been 8.27%, Beverly Hills homes have appreciated 7.58% over the past year. Despite this slightly lower appreciation rate, real estate in Beverly Hills remains a desirable and reliable investment that will continue to increase in value over time.
The median home cost in Beverly Hills is $457,300. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Beverly Hills is up 10.8%.
Average Age of Homes
- The median age of Beverly Hills real estate is 59 years old
The Rental Market in Beverly Hills
- Renters make up 11.5% of the Beverly Hills population
- 0.0% of houses and apartments in Beverly Hills, 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.