Inwood, MI is a great place to invest in real estate. The median value of housing in Inwood is $212,100, which is much lower than the United States house median value of $338,100. Not only is the house price lower than the national average, but it has also appreciated at a higher rate than the national average over the past year. It has seen an appreciation rate of 12.90% whereas the national average is 8.27%. This makes Inwood an attractive city for potential investors looking to buy property and take advantage of this high rate of appreciation.
The median home cost in Inwood is $212,100. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Inwood is up 23.1%.
Average Age of Homes
- The median age of Inwood real estate is 38 years old
The Rental Market in Inwood
- Renters make up 2.3% of the Inwood population
- 0.0% of houses and apartments in Inwood, 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.