Frankenmuth township, MI is a great place to live and invest in real estate. The median house value in Frankenmuth township, MI is $323,000, which is slightly lower than the US House Median Value of $338,100. In the past year, the US House Appreciation rate was 8.27%, while house appreciation in Frankenmuth township was 9.81%. This indicates that there is still potential for growth in housing values in Frankenmuth township. Investing in real estate here would be a wise choice as it could appreciate more quickly than other areas of the country.
The median home cost in Frankenmuth township is $323,000. Home appreciation the last 10 years has been 84.5%. Home Appreciation in Frankenmuth township is up 14.8%.
Average Age of Homes
- The median age of Frankenmuth township real estate is 48 years old
The Rental Market in Frankenmuth township
- Renters make up 8.4% of the Frankenmuth township population
- 0.0% of houses and apartments in Frankenmuth 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.