Elberta, MI has a median housing value of $210,900, which is significantly lower than the US median housing value of $338,100. However, Elberta's house appreciation rate in the past year was 15.49%, more than double the US rate of 8.27%. This data suggests that Elberta is an attractive option for those looking for affordable housing with potential for higher appreciation in value over time.
The median home cost in Elberta is $210,900. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Elberta is up 19.8%.
Average Age of Homes
- The median age of Elberta real estate is 70 years old
The Rental Market in Elberta
- Renters make up 10.9% of the Elberta population
- 1.0% of houses and apartments in Elberta, 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.