Buchanan township, MI has an impressive housing market. The median value of homes in Buchanan township is $232,100, which is much lower than the US House Median Value of $338,100. Despite this difference, the 1-year house appreciation rate in Buchanan township is 11.06%, higher than the 8.27% seen across the United States. This illustrates a strong and healthy housing market in Buchanan township that should be attractive to potential home buyers and investors alike.
The median home cost in Buchanan township is $232,100. Home appreciation the last 10 years has been 85.3%. Home Appreciation in Buchanan township is up 19.5%.
Average Age of Homes
- The median age of Buchanan township real estate is 50 years old
The Rental Market in Buchanan township
- Renters make up 7.4% of the Buchanan township population
- 0.0% of houses and apartments in Buchanan township, 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.