The housing market in Colfax township (Huron County), MI has been steadily increasing in value over the past year. The median value is currently at $162,900, which is significantly lower than the national median of $338,100. Despite this, house appreciation in Colfax township (Huron County), MI over the past year has still been relatively strong with an appreciation rate of 6.46%. This is slightly lower than the national 1 year house appreciation rate of 8.27%, but still offers a positive outlook for potential homeowners and investors.
The median home cost in Colfax township (Huron County) is $162,900. Home appreciation the last 10 years has been 117.5%. Home Appreciation in Colfax township (Huron County) is up 12.8%.
Average Age of Homes
- The median age of Colfax township (Huron County) real estate is 40 years old
The Rental Market in Colfax township (Huron County)
- Renters make up 12.6% of the Colfax township (Huron County) population
- 4.0% of houses and apartments in Colfax township (Huron 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.