The housing market in Cornell, MI is flourishing. The median value of housing in the area is $146,500, which is significantly lower than the US house median value of $338,100. However, what makes this figure even more impressive is that the one-year house appreciation in Cornell, MI has been recorded at 12.90%, far exceeding the US 1 year average appreciation of 8.27%. This suggests that investing in housing in Cornell, MI would be a very wise decision indeed.
The median home cost in Cornell is $146,500. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Cornell is up 23.1%.
Average Age of Homes
- The median age of Cornell real estate is 39 years old
The Rental Market in Cornell
- Renters make up 2.8% of the Cornell population
- 0.0% of houses and apartments in Cornell, 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.