Fairplain, MI is a great place to live with a median housing value of $199,300. This is much lower than the US national median of $338,100 and allows prospective homeowners an opportunity to purchase a home at a more affordable rate. The US saw an 8.27% appreciation in house values in the past year, while Fairplain experienced an even greater increase of 8.98%. This means that the investment potential for purchasing a house in this area is quite high and therefore provides great incentives for prospective buyers.
The median home cost in Fairplain is $199,300. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Fairplain is up 12.2%.
Average Age of Homes
- The median age of Fairplain real estate is 34 years old
The Rental Market in Fairplain
- Renters make up 17.6% of the Fairplain population
- 0.0% of houses and apartments in Fairplain, 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.