The housing market in Gaastra, MI is showing strong appreciation. According to the data, the median value of a house in Gaastra is $73,900 while the US median value is $338,100. The US 1 year house appreciation rate is 8.27%, while the 1 year appreciation rate in Gaastra is 12.24%—showing a higher than average rate of increase for the area. This could be an indicator of a booming real estate market, making it an attractive option for potential buyers and investors alike.
The median home cost in Gaastra is $73,900. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Gaastra is up 18.2%.
Average Age of Homes
- The median age of Gaastra real estate is 72 years old
The Rental Market in Gaastra
- Renters make up 11.6% of the Gaastra population
- 2.5% of houses and apartments in Gaastra, 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.