Foster, MI Housing


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United States / Michigan / No Metro Area / Ogemaw County / Foster / Zip Codes
The housing market in Foster, MI is thriving. The median value of homes in the area is $166,400, which is significantly lower than the US median value of $338,100. Moreover, the one year growth rate for houses in Foster is 9.86%, higher than the 8.27% US average. With such strong appreciation values and a relatively low cost of living compared to other areas of the country, Foster is an attractive option for those looking to buy a new home or invest in real estate.

The median home cost in Foster is $166,400. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Foster is up 15.7%.

Average Age of Homes
- The median age of Foster real estate is 37 years old
The Rental Market in Foster
- Renters make up 4.4% of the Foster population
- 0.0% of houses and apartments in Foster, 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingFoster, MichiganUnited States
  1,037.0139,647,020.0
  4042
  $166,400$338,100
  15.7%16.6%
  57.6%57.0%
  76.0%101.1%
  $10.92$10.98
  $1,331$2,690
  37.5%57.4%
  61.1%11.2%
  1.4%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  59.3%3.6%
  1.8%4.1%
  Value of Owner-Occupied Housing
  3.3%2.6%
  2.8%2.4%
  8.2%2.8%
  5.9%3.9%
  16.2%4.5%
  28.0%11.3%
  15.7%13.0%
  10.5%20.1%
  6.7%13.6%
  2.6%8.3%
  0.0%9.7%
  0.0%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  13.0%13.6%
  13.0%13.6%
  14.9%13.6%
  21.2%13.2%
  11.5%14.8%
  14.9%13.6%
  15.5%10.0%
  5.4%4.7%
  7.9%12.2%
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