Fair Plain, MI is a great place for homeowners looking to invest in property. The median value of homes in Fair Plain is $139,800 which is significantly lower than the US House Median Value of $338,100. Over the past year, the appreciation rate for housing in Fair Plain was 10.54%, compared to 8.27% across the United States as a whole. This demonstrates that investing in real estate in Fair Plain can be highly beneficial and profitable.
The median home cost in Fair Plain is $139,800. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Fair Plain is up 14.9%.
Average Age of Homes
- The median age of Fair Plain real estate is 56 years old
The Rental Market in Fair Plain
- Renters make up 31.5% of the Fair Plain population
- 4.8% of houses and apartments in Fair Plain, 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.