The housing market in Davison township, MI has shown steady appreciation over the past year. The median value is currently $226,100, which is slightly lower than the US median value of $338,100. Despite this difference, the annual house appreciation rate in Davison township stands at 6.41%, a few points lower than the national average of 8.27%. This indicates that while it may not be as high as other parts of the country, there is definitely growth potential in this area.
The median home cost in Davison township is $226,100. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Davison township is up 12.8%.
Average Age of Homes
- The median age of Davison township real estate is 36 years old
The Rental Market in Davison township
- Renters make up 33.3% of the Davison township population
- 3.1% of houses and apartments in Davison township, 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.