The housing market in Briley, MI is booming - the median value of a home is $122,800 which is much lower than the US House Median Value of $338,100. Additionally, the US 1 year House Appreciation rate is 8.27%, yet the House 1 year appreciation rate in Briley, MI is an impressive 16.52%. This clearly shows that individuals looking to purchase a home in Briley, MI will be rewarded with better returns on their investment over time. Indeed, it would appear that now is a great time to invest in real estate within this area.
The median home cost in Briley is $122,800. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Briley is up 21.4%.
Average Age of Homes
- The median age of Briley real estate is 43 years old
The Rental Market in Briley
- Renters make up 6.4% of the Briley population
- 0.0% of houses and apartments in Briley, 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.