Cheshire, MI is a great place to invest in housing. The median value of homes in this area is approximately $190,000, which is significantly lower than the US median value of $338,100. Additionally, the 1 year house appreciation rate for the area is 10.78%, which is higher than the US house appreciation rate of 8.27%. This makes Cheshire an attractive and promising option for potential real estate buyers, as it offers competitive prices and high returns on investment.
The median home cost in Cheshire is $190,000. Home appreciation the last 10 years has been 93.1%. Home Appreciation in Cheshire is up 15.0%.
Average Age of Homes
- The median age of Cheshire real estate is 36 years old
The Rental Market in Cheshire
- Renters make up 11.8% of the Cheshire population
- 0.0% of houses and apartments in Cheshire, 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.