The housing market in Caledonia township (Alcona County), MI is thriving. The median value of a house in this area is $215,200, which is significantly lower than the national median value of $338,100. Furthermore, the one year appreciation rate of homes in this area is 13.52%, which is higher than the national rate of 8.27%. This indicates that investing in housing in Caledonia township (Alcona County), MI would be a smart move as it has the potential to grow significantly in value over time.
The median home cost in Caledonia township (Alcona County) is $215,200. Home appreciation the last 10 years has been 92.5%. Home Appreciation in Caledonia township (Alcona County) is up 18.5%.
Average Age of Homes
- The median age of Caledonia township (Alcona County) real estate is 47 years old
The Rental Market in Caledonia township (Alcona County)
- Renters make up 2.2% of the Caledonia township (Alcona County) population
- 0.6% of houses and apartments in Caledonia township (Alcona County), 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.