The housing market in Groveland, MI is flourishing. The median value of houses in the area stands at $329,600, which is slightly below the US house median value of $338,100. Despite this difference, the real estate market in Groveland has seen significant appreciation over the past year with a 6.46% increase compared to the US overall of 8.27%. This makes buying property in Groveland a smart investment with great potential for growth.
The median home cost in Groveland is $329,600. Home appreciation the last 10 years has been 117.7%. Home Appreciation in Groveland is up 12.7%.
Average Age of Homes
- The median age of Groveland real estate is 37 years old
The Rental Market in Groveland
- Renters make up 8.9% of the Groveland population
- 0.0% of houses and apartments in Groveland, 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.