The housing in Big Rapids charter township, MI is an attractive option for prospective homeowners due to its relatively low median value of $286,800 compared to the US median house value of $338,100. Additionally, the 1 year appreciation rate of 12.54% is higher than the US average of 8.27%, indicating that property values in this area are likely to increase in the future. As such, Big Rapids charter township provides a great opportunity to invest in residential real estate for those who want to take advantage of these factors.
The median home cost in Big Rapids charter is $286,800. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Big Rapids charter is up 16.2%.
Average Age of Homes
- The median age of Big Rapids charter real estate is 32 years old
The Rental Market in Big Rapids charter
- Renters make up 24.8% of the Big Rapids charter population
- 0.7% of houses and apartments in Big Rapids charter, 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.