The housing market in Hersey, MI is thriving with the median value of homes coming in at $148,900. This is significantly lower than the US median house value of $338,100 and offers a great opportunity for homebuyers looking to invest. In addition to this attractive entry price point, homes in Hersey have seen a 1 year appreciation rate of 15.49%, significantly higher than the US which stands at 8.27%. With such enviable conditions, Hersey, MI is an ideal place to invest in real estate.
The median home cost in Hersey is $148,900. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Hersey is up 19.8%.
Average Age of Homes
- The median age of Hersey real estate is 57 years old
The Rental Market in Hersey
- Renters make up 22.9% of the Hersey population
- 0.0% of houses and apartments in Hersey, 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.