Housing in Frenchtown, MI is a great investment. The median value of a house currently stands at $195,300, which is significantly lower than the US median of $338,100. Furthermore, houses in Frenchtown have seen an appreciation rate of 8.47% over the past year as compared to 8.27% for the nation. This makes investing in real estate in Frenchtown an attractive proposition for those looking to secure their future financial stability.
The median home cost in Frenchtown is $195,300. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Frenchtown is up 13.1%.
Average Age of Homes
- The median age of Frenchtown real estate is 41 years old
The Rental Market in Frenchtown
- Renters make up 23.9% of the Frenchtown population
- 0.8% of houses and apartments in Frenchtown, 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.