The housing market in Hill, MI is thriving with a median value of $158,600, which is significantly lower than the US house median value of $338,100. Furthermore, the appreciation rate of 1-year houses in Hill, MI is 9.84%, which is higher than the US average of 8.27%. This suggests that housing in Hill, MI is an attractive option for potential homebuyers or investors looking for a steady increase in value over time.
The median home cost in Hill is $158,600. Home appreciation the last 10 years has been 79.7%. Home Appreciation in Hill is up 15.3%.
Average Age of Homes
- The median age of Hill real estate is 47 years old
The Rental Market in Hill
- Renters make up 4.3% of the Hill population
- 0.4% of houses and apartments in Hill, 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.