Big Prairie, MI is a small town with a median house value of $160,400. This is substantially less than the US median housing value of $338,100 and therefore more affordable for those looking to purchase a home in this area. Interestingly, the one year house appreciation rate in Big Prairie, MI was 12.54%, which was higher than the US one year appreciation rate of 8.27%. This could be an indication that demand for property in Big Prairie, MI is rising and could signal a strong market for those interested in investing in the area.
The median home cost in Big Prairie is $160,400. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Big Prairie is up 16.2%.
Average Age of Homes
- The median age of Big Prairie real estate is 36 years old
The Rental Market in Big Prairie
- Renters make up 8.6% of the Big Prairie population
- 0.0% of houses and apartments in Big Prairie, 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.