Housing in Fawn River, MI is relatively affordable compared to the national median, with a median value of $172,800. This is significantly lower than the US median of $338,100. Despite this lower median value, Fawn River has seen a significantly higher appreciation rate over the last year; Fawn River's 1 year house appreciation was 10.54%, nearly double the national average of 8.27%. This makes it an attractive option for potential homeowners looking for an affordable option with good long-term prospects.
The median home cost in Fawn River is $172,800. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Fawn River is up 14.9%.
Average Age of Homes
- The median age of Fawn River real estate is 44 years old
The Rental Market in Fawn River
- Renters make up 12.9% of the Fawn River population
- 0.0% of houses and apartments in Fawn River, 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.