Excelsior, MI has an impressive housing market with a median value of $212,200. This is significantly lower than the US House Median Value of 338,100. Despite this difference in values however, the 1 year appreciation rate of houses in Excelsior is 15.49%, which is 7.22% higher than the US 1 year House Appreciation rate of 8.27%. This demonstrates that there has been strong growth and investment in the housing market of Excelsior over the past year.
The median home cost in Excelsior is $212,200. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Excelsior is up 19.8%.
Average Age of Homes
- The median age of Excelsior real estate is 37 years old
The Rental Market in Excelsior
- Renters make up 9.3% of the Excelsior population
- 0.0% of houses and apartments in Excelsior, 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.