Grass Lake, MI is a great place to invest in housing. The median value of housing in Grass Lake is $290,300, which is lower than the US median value of $338,100. Houses in Grass Lake have seen an appreciation rate of 9.09% over the past year, higher than the US average of 8.27%. With such positive growth and relative affordability, investing in housing in Grass Lake can be a great option for potential homebuyers.
The median home cost in Grass Lake is $290,300. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Grass Lake is up 16.2%.
Average Age of Homes
- The median age of Grass Lake real estate is 64 years old
The Rental Market in Grass Lake
- Renters make up 29.0% of the Grass Lake population
- 1.3% of houses and apartments in Grass Lake, 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.