Housing in Gilmore township (Benzie County), MI is very affordable compared to the US median value of $338,100. The housing median value in Gilmore township (Benzie County), MI is only $285,100, which makes it an ideal place for those looking for a more cost-effective housing option. In addition, the 1 year house appreciation rate in Gilmore township (Benzie County), MI is 15.49%, higher than the national average of 8.27%. This means that investing in housing in this area could yield greater longterm returns due to the increased increase in value over time.
The median home cost in Gilmore township (Benzie County) is $285,100. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Gilmore township (Benzie County) is up 19.8%.
Average Age of Homes
- The median age of Gilmore township (Benzie County) real estate is 36 years old
The Rental Market in Gilmore township (Benzie County)
- Renters make up 6.3% of the Gilmore township (Benzie County) population
- 0.4% of houses and apartments in Gilmore township (Benzie County), 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.