The housing market in Fife Lake Township, MI is vibrant and prosperous. The median value of homes in the township is $278,700 which is lower than the US House Median Value of $338,100. However, Fife Lake Township has outperformed the national rate of home appreciation with a 1 year appreciation rate of 15.49%, nearly 7 percentage points higher than the US rate of 8.27%. This indicates that property values in Fife Lake Township have been rising faster than average and homeowners have been experiencing higher returns on their investments.
The median home cost in Fife Lake township is $278,700. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Fife Lake township is up 19.8%.
Average Age of Homes
- The median age of Fife Lake township real estate is 38 years old
The Rental Market in Fife Lake township
- Renters make up 9.3% of the Fife Lake township population
- 0.4% of houses and apartments in Fife Lake 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.