The housing market in Conway, MI is thriving. The median value of a house in the area is currently $307,300, which is lower than the US House Median Value of $338,100. However, this does not indicate an unhealthy market - instead, the 1 year House Appreciation rate in Conway is 16.52%, double that of the US rate at 8.27%. This shows that house appreciation in Conway is booming and suggests that it’s a great time to invest in the local housing market.
The median home cost in Conway CDP (Emmet County) is $307,300. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Conway CDP (Emmet County) is up 21.4%.
Average Age of Homes
- The median age of Conway CDP (Emmet County) real estate is 33 years old
The Rental Market in Conway CDP (Emmet County)
- Renters make up 27.0% of the Conway CDP (Emmet County) population
- 0.0% of houses and apartments in Conway CDP (Emmet 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.