The housing market in Colfax township (Mecosta County), MI is flourishing with a median value of $232,500. This is significantly lower than the US median value of $338,100. Additionally, appreciation rates in Colfax township has been higher than the national average by 4.27%, with a 1 year house appreciation rate of 12.54%. This indicates that the market in Colfax township is an attractive investment opportunity for buyers looking for a place to call home.
The median home cost in Colfax township (Mecosta County) is $232,500. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Colfax township (Mecosta County) is up 16.2%.
Average Age of Homes
- The median age of Colfax township (Mecosta County) real estate is 40 years old
The Rental Market in Colfax township (Mecosta County)
- Renters make up 10.1% of the Colfax township (Mecosta County) population
- 0.3% of houses and apartments in Colfax township (Mecosta 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.