Edgemont Park, MI is an area with relatively lower housing costs compared to the US average. According to the data provided, the median house value in Edgemont Park is $139,700 which is significantly lower than the US median value of $338,100. Similarly, the 1 year appreciation rate of 3.86% in Edgemont Park is also lower than that of 8.27% across the entire country. This could make Edgemont Park a great option for those looking to purchase property at a reasonable cost or who are interested in investing and seeking a slower appreciation rate as a more secure option.
The median home cost in Edgemont Park is $139,700. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Edgemont Park is up 10.4%.
Average Age of Homes
- The median age of Edgemont Park real estate is 58 years old
The Rental Market in Edgemont Park
- Renters make up 24.2% of the Edgemont Park population
- 0.0% of houses and apartments in Edgemont Park, 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.