The housing market in Hubbard Lake, MI is doing quite well compared to the US median value. The median value of a house in Hubbard Lake is $252,000, which is significantly lower than the US median of $338,100. Furthermore, in the past year Hubbard Lake has experienced a 13.75% appreciation rate for houses - much higher than the 8.27% national average. This makes Hubbard Lake an attractive place for buyers looking to invest in real estate and take advantage of the strong appreciation rate.
The median home cost in Hubbard Lake is $252,000. Home appreciation the last 10 years has been 93.0%. Home Appreciation in Hubbard Lake is up 18.7%.
Average Age of Homes
- The median age of Hubbard Lake real estate is 46 years old
The Rental Market in Hubbard Lake
- Renters make up 1.8% of the Hubbard Lake population
- 0.6% of houses and apartments in Hubbard 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.