Lovells, MI is a great place to live for those looking to invest in a home. The median value of housing in Lovells is $187,100, which is significantly lower than the national median value of $338,100. Despite this lower price point, the 1 year house appreciation rate in Lovells is 16.52%, significantly higher than the US average of 8.27%. This makes Lovells an attractive option for those looking for a good return on their investment.
The median home cost in Lovells is $187,100. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Lovells is up 21.4%.
Average Age of Homes
- The median age of Lovells real estate is 40 years old
The Rental Market in Lovells
- Renters make up 1.9% of the Lovells population
- 0.7% of houses and apartments in Lovells, 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.