The housing market in Imlay, MI is strong with a median house value of $320,700. This is slightly lower than the national median house value which stands at $338,100. For the past year there has been an appreciation of 8.27% for the US and 6.43% in Imlay, MI which suggests that the local market is steadily growing and is on track to keep up with national trends. With these positive figures, it is a great time to invest in housing in Imlay, MI.
The median home cost in Imlay is $320,700. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Imlay is up 12.8%.
Average Age of Homes
- The median age of Imlay real estate is 25 years old
The Rental Market in Imlay
- Renters make up 10.1% of the Imlay population
- 0.8% of houses and apartments in Imlay, 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.