The housing market in Brooks, MI is thriving. The median value of a house in Brooks, MI is $258,500, which is significantly lower than the US median value of $338,100. Furthermore, the 1 year house appreciation in Brooks, MI is an impressive 12.54%, far higher than the US average of 8.27%. This indicates that the real estate market is booming and homes in Brooks are worth more than they were a year ago. With an attractive price point and increasing equity, it is no wonder that people are flocking to Brooks for their next home purchase.
The median home cost in Brooks is $258,500. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Brooks is up 16.2%.
Average Age of Homes
- The median age of Brooks real estate is 39 years old
The Rental Market in Brooks
- Renters make up 6.6% of the Brooks population
- 0.0% of houses and apartments in Brooks, 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.