The housing market in Dorr, MI is doing particularly well compared to the rest of the country. The median value of houses in Dorr is $307,200, which is significantly lower than the US house median of $338,100. Additionally, the house appreciation rate in Dorr over a one year period was 12.54%, while the US average was 8.27%. This indicates that housing prices are increasing at a faster rate in Dorr than other parts of the United States and presents an appealing investment opportunity for those looking to purchase property in this area.
The median home cost in Dorr township is $307,200. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Dorr township is up 16.2%.
Average Age of Homes
- The median age of Dorr township real estate is 34 years old
The Rental Market in Dorr township
- Renters make up 10.0% of the Dorr township population
- 0.0% of houses and apartments in Dorr 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.