The housing market in Goodwell, MI is doing well compared to the US average. According to the latest statistics, the median value of a house in Goodwell is $242,200 which is significantly lower than the US average median value of $338,100. This makes it an attractive place for potential home buyers who are looking for affordable options. In addition, the one-year appreciation rate of house prices in Goodwell is 12.54%, much higher than the 8.27% appreciation rate seen across the US as a whole. This indicates that investing in real estate in Goodwell would be a wise decision and could offer tremendous returns to investors over time.
The median home cost in Goodwell is $242,200. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Goodwell is up 16.2%.
Average Age of Homes
- The median age of Goodwell real estate is 34 years old
The Rental Market in Goodwell
- Renters make up 3.5% of the Goodwell population
- 0.0% of houses and apartments in Goodwell, 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.