The housing market in Boyne City, MI is very strong. The median value of homes in the city is $315,100, which is just slightly below the US median value of $338,100. However, what makes Boyne City stand out from the rest of the nation is its appreciation rate of 16.52% over the past year - much higher than the US rate of 8.27%. This steady increase in home values shows that Boyne City housing is a great investment and is sure to keep increasing in the future.
The median home cost in Boyne City is $315,100. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Boyne City is up 21.4%.
Average Age of Homes
- The median age of Boyne City real estate is 45 years old
The Rental Market in Boyne City
- Renters make up 23.5% of the Boyne City population
- 0.0% of houses and apartments in Boyne City, 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.