Fairgrove township, MI has an average housing median value of $95,700 compared to the US median value of $338,100. In addition, the US 1-year house appreciation rate is 8.27%, while the Fairgrove township 1-year house appreciation rate is 9.81%. This means that in comparison to other areas in the country, Fairgrove township real estate values have increased at a slightly faster rate over the past year. Homeowners in Fairgrove township can expect continuing appreciation as long as market conditions remain favorable.
The median home cost in Fairgrove township is $95,700. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Fairgrove township is up 14.8%.
Average Age of Homes
- The median age of Fairgrove township real estate is 64 years old
The Rental Market in Fairgrove township
- Renters make up 13.0% of the Fairgrove township population
- 0.7% of houses and apartments in Fairgrove township, 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.