Burr Oak township, MI is a great place to live for those looking for an affordable place to call home. The median value of housing in Burr Oak township is $172,800, which is significantly lower than the US House Median Value of $338,100. In addition to being more affordable than the national average, Burr Oak township also boasts excellent house appreciation rates. Over the last year, the US House Appreciation rate was 8.27%, whereas the 1 year House Appreciation rate in Burr Oak township was 10.54%. It's clear that housing in Burr Oak township is highly desirable and offers immense potential for growth over time.
The median home cost in Burr Oak township is $172,800. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Burr Oak township is up 14.9%.
Average Age of Homes
- The median age of Burr Oak township real estate is 48 years old
The Rental Market in Burr Oak township
- Renters make up 15.7% of the Burr Oak township population
- 1.7% of houses and apartments in Burr Oak 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.