The housing in Jennings, MI has been appreciating at an unusually high rate compared to the US average. The median value of houses in the city is $83,800, which is significantly lower than the national median of $338,100. However, over the past year the housing prices have grown by 15.49%, more than double the US average appreciation rate of 8.27%. This makes Jennings an attractive option for potential homeowners or investors looking for a great deal on a house.
The median home cost in Jennings is $83,800. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Jennings is up 19.8%.
Average Age of Homes
- The median age of Jennings real estate is 54 years old
The Rental Market in Jennings
- Renters make up 22.5% of the Jennings population
- 0.0% of houses and apartments in Jennings, 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.