Green Lake, MI is a city with a significantly high median housing value compared to the US average. The current median housing value in Green Lake is $374,400 while the US median house value stands at $338,100. In the past year, the US experienced an appreciation of 8.27%, but Green Lake has seen a much higher rate of appreciation, 15.49%. This demonstrates that Green Lake is an attractive city for potential home buyers and investors due to its rising property values.
The median home cost in Green Lake is $374,400. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Green Lake is up 19.8%.
Average Age of Homes
- The median age of Green Lake real estate is 26 years old
The Rental Market in Green Lake
- Renters make up 7.4% of the Green Lake population
- 3.9% of houses and apartments in Green 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.