The housing in Blumfield, MI is quite affordable compared to the US House Median Value. The median value for a house in Blumfield is $219,000, whereas the US House Median Value stands at $338,100. Whilst the US 1 year House Appreciation rate is 8.27%, house appreciation in Blumfield has been higher at 9.83%. This suggests that Blumfield is an attractive option for those looking to purchase a house as its market offers good value and potential for growth.
The median home cost in Blumfield is $219,000. Home appreciation the last 10 years has been 81.8%. Home Appreciation in Blumfield is up 15.1%.
Average Age of Homes
- The median age of Blumfield real estate is 51 years old
The Rental Market in Blumfield
- Renters make up 6.0% of the Blumfield population
- 2.1% of houses and apartments in Blumfield, 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.