Delaware, MI is a great place to live for those looking for affordable housing. The median housing value in the city is $195,200, significantly lower than the US median of $338,100. Despite this difference, Delaware still has seen strong appreciation over the past year with a 6.41% increase in median house values compared to the national average of 8.27%. This demonstrates that Delaware offers a unique combination of affordability and housing market appreciation that sets it apart from other areas of Michigan and throughout the US.
The median home cost in Delaware is $195,200. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Delaware is up 12.8%.
Average Age of Homes
- The median age of Delaware real estate is 51 years old
The Rental Market in Delaware
- Renters make up 7.6% of the Delaware population
- 0.0% of houses and apartments in Delaware, 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.