Boon township, MI Housing


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Boon township, MI has seen a great increase in housing median values compared to the US. The median value of homes in Boon township is $215,000 which is significantly lower than the US median value of $338,100. However, while the US 1 year house appreciation rate was 8.27%, Boon township saw a much higher rate of 15.49% in the same time period. This indicates that homes in Boon township are increasing in value rapidly and could be a great opportunity for potential buyers looking for an affordable home with good appreciation potential.

The median home cost in Boon township is $215,000. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Boon township is up 19.8%.

Average Age of Homes
- The median age of Boon township real estate is 46 years old
The Rental Market in Boon township
- Renters make up 9.3% of the Boon township population
- 0.7% of houses and apartments in Boon 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingBoon township, MichiganUnited States
  435.0139,647,020.0
  4042
  $215,000$338,100
  19.8%16.6%
  69.9%57.0%
  122.2%101.1%
  $12.83$10.98
  $1,382$2,690
  64.6%57.4%
  26.7%11.2%
  8.7%31.4%
  Vacant Housing
  0.7%1.9%
  0.0%0.4%
  1.4%0.7%
  0.0%0.4%
  24.6%3.6%
  0.0%4.1%
  Value of Owner-Occupied Housing
  2.8%2.6%
  3.2%2.4%
  9.6%2.8%
  7.5%3.9%
  13.9%4.5%
  12.8%11.3%
  13.5%13.0%
  25.6%20.1%
  8.5%13.6%
  1.4%8.3%
  0.0%9.7%
  1.1%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  11.3%13.6%
  11.3%13.6%
  29.0%13.6%
  9.7%13.2%
  8.5%14.8%
  29.0%13.6%
  4.1%10.0%
  3.4%4.7%
  28.7%12.2%
Commute
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