The housing market in Coldsprings, MI is strong and healthy. The median value of a house in Coldsprings is $173,600, which is substantially lower than the US median value of $338,100. However, while the US has seen a 1 year appreciation rate of 8.27%, Coldsprings has seen an even greater 15.49% increase in property values over the same period of time! This indicates that Coldsprings is experiencing a real estate boom and provides great potential for investors to purchase properties at lower costs and benefit from the strong appreciation rates.
The median home cost in Coldsprings is $173,600. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Coldsprings is up 19.8%.
Average Age of Homes
- The median age of Coldsprings real estate is 38 years old
The Rental Market in Coldsprings
- Renters make up 3.4% of the Coldsprings population
- 0.0% of houses and apartments in Coldsprings, 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.