Ford River, MI is a great place to invest in real estate! The median value of housing in Ford River is currently $159,000, which is significantly lower than the US house median value of $338,100. Furthermore, the 1 year house appreciation rate in Ford River is 12.90%, which is much higher than the US rate of 8.27%. This indicates that investing in real estate in Ford River has the potential to yield high returns. Therefore, Ford River presents an excellent opportunity for those looking to find a great investment opportunity in real estate.
The median home cost in Ford River is $159,000. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Ford River is up 23.1%.
Average Age of Homes
- The median age of Ford River real estate is 43 years old
The Rental Market in Ford River
- Renters make up 5.2% of the Ford River population
- 0.0% of houses and apartments in Ford 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.