Cedar Springs, MI is a great place to invest in housing due to its impressive appreciation rate. The median value of the homes in Cedar Springs is $288,100, which is significantly lower than the US median house value of $338,100. Additionally, the one year house appreciation rate in Cedar Springs is 12.54%, which is higher than the US average of 8.27%. This demonstrates that investing in housing in Cedar Springs provides more potential for appreciation and growth than many other areas.
The median home cost in Cedar Springs is $288,100. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Cedar Springs is up 16.2%.
Average Age of Homes
- The median age of Cedar Springs real estate is 44 years old
The Rental Market in Cedar Springs
- Renters make up 35.0% of the Cedar Springs population
- 0.0% of houses and apartments in Cedar Springs, 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.