Housing in Eastlake, MI is substantially more affordable than the United States median value of 338,100 dollars. The one year house appreciation in Eastlake is 15.49%, significantly higher than the one year US house appreciation of 8.27%. This indicates that Eastlake's housing market is relatively strong and is experiencing significant growth, with the median value rising to 133,600 dollars. This makes Eastlake a great option for those looking for an affordable place to live with a strong housing market.
The median home cost in Eastlake is $133,600. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Eastlake is up 19.8%.
Average Age of Homes
- The median age of Eastlake real estate is 58 years old
The Rental Market in Eastlake
- Renters make up 9.7% of the Eastlake population
- 5.9% of houses and apartments in Eastlake, 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.