The housing market in Davison, MI is quite attractive, with a median value of $218,000, which is significantly lower than the US median value of $338,100. Despite this lower cost of entry into the housing market in Davison, MI, home appreciation over the last year has been strong at 6.41%, only slightly below the US rate of 8.27%. This makes it an ideal place to invest in real estate and take advantage of the slower but still promising growth that this area offers.
The median home cost in Davison is $218,000. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Davison is up 12.8%.
Average Age of Homes
- The median age of Davison real estate is 52 years old
The Rental Market in Davison
- Renters make up 44.3% of the Davison population
- 0.0% of houses and apartments in Davison, 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.