The housing market in Bourret, MI is thriving. The median value of a house in this area is $156,700 which is much lower than the US median value of $338,100. In addition, the 1 year house appreciation in Bourret, MI is 9.86%, compared to the national appreciation rate of 8.27%. These figures indicate that the housing market in Bourret, MI has been doing very well over the past year and is an attractive option for prospective homebuyers looking for a great deal on their next property purchase.
The median home cost in Bourret is $156,700. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Bourret is up 15.7%.
Average Age of Homes
- The median age of Bourret real estate is 42 years old
The Rental Market in Bourret
- Renters make up 3.7% of the Bourret population
- 0.0% of houses and apartments in Bourret, 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.