Indian River, MI Housing

Indian River, MI is a great place to buy a home due to its high housing median value of $205,700. This is significantly lower than the US House Median Value of $338,100, making it an attractive option for potential homebuyers. Furthermore, in the last year Indian River has experienced a much higher house appreciation rate at 16.52%, compared to the US average of 8.27%. This makes investing in Indian River’s real estate market very appealing as it provides homeowners with excellent returns on their investments.

The median home cost in Indian River is $205,700. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Indian River is up 21.4%.

Average Age of Homes

- The median age of Indian River real estate is 45 years old

The Rental Market in Indian River

- Renters make up 13.7% of the Indian River population
- 0.0% of houses and apartments in Indian River, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Indian River, Michigan	United States
	1,797.0	139,647,020.0
	39	42
	$205,700	$338,100
	21.4%	16.6%
	68.6%	57.0%
	98.7%	101.1%
	$10.60	$10.98
	$1,704	$2,690
	43.7%	57.4%
	43.9%	11.2%
	12.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	40.7%	3.6%
	3.2%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	1.4%	2.8%
	9.0%	3.9%
	15.5%	4.5%
	21.2%	11.3%
	14.1%	13.0%
	17.7%	20.1%
	10.6%	13.6%
	3.9%	8.3%
	6.5%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.6%	13.6%
	11.6%	13.6%
	24.8%	13.6%
	14.0%	13.2%
	23.8%	14.8%
	24.8%	13.6%
	12.5%	10.0%
	3.5%	4.7%
	2.6%	12.2%