The housing market in Bridgman, MI is thriving. The median value for a house in the area is $269,400, which is much lower than the national median of $338,100. However, the one-year appreciation rate for houses in Bridgman is 11.06%, which is higher than the US rate of 8.27%. This indicates that Bridgman's housing market is robust and growing faster than other parts of the country.
The median home cost in Bridgman is $269,400. Home appreciation the last 10 years has been 85.3%. Home Appreciation in Bridgman is up 19.5%.
Average Age of Homes
- The median age of Bridgman real estate is 46 years old
The Rental Market in Bridgman
- Renters make up 21.7% of the Bridgman population
- 2.2% of houses and apartments in Bridgman, 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.