The housing market in Ingersoll, MI is thriving. The median value of houses in the area is $213,100, which is substantially lower than the US house median value of $338,100. Despite this fact, Ingersoll has seen a greater appreciation in house values over the past year at 9.86%, compared to 8.27% nationally. This suggests that the area is an attractive place to invest in real estate and should hold its value well over time.
The median home cost in Ingersoll is $213,100. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Ingersoll is up 15.7%.
Average Age of Homes
- The median age of Ingersoll real estate is 47 years old
The Rental Market in Ingersoll
- Renters make up 8.1% of the Ingersoll population
- 0.0% of houses and apartments in Ingersoll, 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.