Gaines Township, MI is an area with a lower than average housing median value compared to the US median. The housing median value in Gaines Township currently stands at $222,700 while the US median is much higher at $338,100. Despite this difference in value, Gaines Township has seen an increase in house appreciation over the past year of 6.41%. This is slightly lower than the US 1 year house appreciation rate of 8.27%, however it still indicates that houses in Gaines Township are experiencing growth in their overall value.
The median home cost in Gaines township is $222,700. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Gaines township is up 12.8%.
Average Age of Homes
- The median age of Gaines township real estate is 37 years old
The Rental Market in Gaines township
- Renters make up 8.6% of the Gaines township population
- 0.0% of houses and apartments in Gaines 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.