Elsie, MI Housing


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Housing in Elsie, MI is very affordable compared to the rest of the US. The median value of houses in Elsie is $152,300 which is less than half the national median at $338,100. The appreciation rate of houses in Elsie was also higher than the national average at 8.98% compared to 8.27%. This could indicate that people are happy living in Elsie and investing in the area's housing market with confidence.

The median home cost in Elsie is $152,300. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Elsie is up 12.2%.

Average Age of Homes
- The median age of Elsie real estate is 73 years old
The Rental Market in Elsie
- Renters make up 23.5% of the Elsie population
- 0.0% of houses and apartments in Elsie, 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingElsie, MichiganUnited States
  482.0139,647,020.0
  6242
  $152,300$338,100
  12.2%16.6%
  50.1%57.0%
  96.0%101.1%
  $14.05$10.98
  $1,708$2,690
  65.4%57.4%
  8.9%11.2%
  25.7%31.4%
  Vacant Housing
  0.0%1.9%
  2.5%0.4%
  0.0%0.7%
  1.0%0.4%
  1.5%3.6%
  3.9%4.1%
  Value of Owner-Occupied Housing
  4.1%2.6%
  5.1%2.4%
  5.1%2.8%
  28.9%3.9%
  14.6%4.5%
  28.6%11.3%
  10.2%13.0%
  2.2%20.1%
  0.0%13.6%
  0.0%8.3%
  0.0%9.7%
  0.0%3.9%
  1.3%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  0.0%13.6%
  0.0%13.6%
  10.0%13.6%
  4.8%13.2%
  23.9%14.8%
  10.0%13.6%
  6.8%10.0%
  5.4%4.7%
  38.6%12.2%
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