The housing market in Cedarville, MI is an attractive option for those looking to invest in the area. The median value of a house in Cedarville is significantly lower than the US median value, at $243,400 as compared to $338,100. Additionally, the one-year appreciation rate for houses in Cedarville is higher than the nation average at 12.90%, whereas the national average stands at 8.27%. This makes Cedarville an attractive option for potential home buyers looking to purchase a home and also benefit from its growth over time.
The median home cost in Cedarville is $243,400. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Cedarville is up 23.1%.
Average Age of Homes
- The median age of Cedarville real estate is 36 years old
The Rental Market in Cedarville
- Renters make up 2.9% of the Cedarville population
- 0.0% of houses and apartments in Cedarville, 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.