The housing market in Emerson, MI is strong with a median value of $156,900. This is significantly lower than the median US house value of $338,100, indicating that homes in Emerson are more affordable. Over the past year, house values have appreciated by 9.05%, higher than the national average of 8.27%. Therefore, Emerson remains a desirable place to purchase a home and invest in real estate.
The median home cost in Emerson is $156,900. Home appreciation the last 10 years has been 94.4%. Home Appreciation in Emerson is up 12.5%.
Average Age of Homes
- The median age of Emerson real estate is 65 years old
The Rental Market in Emerson
- Renters make up 20.4% of the Emerson population
- 0.0% of houses and apartments in Emerson, 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.