The housing market in Caberfae, MI is strong and thriving. The median value of a house in the area is currently $147,500, which is significantly lower than the national median of $338,100. In the past year alone, appreciation on housing has increased by 15.49%, almost double the US average of 8.27%. This means that homeowners in Caberfae are seeing their investment appreciate at a significant rate compared to other parts of the country. With such a strong housing market, Caberfae remains an attractive option for those looking to invest in real estate and secure their financial future.
The median home cost in Caberfae is $147,500. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Caberfae is up 19.8%.
Average Age of Homes
- The median age of Caberfae real estate is 39 years old
The Rental Market in Caberfae
- Renters make up 2.1% of the Caberfae population
- 0.0% of houses and apartments in Caberfae, 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.