Macon, MI is a great place to buy a home with its median housing value being around $303,000. This is significantly lower than the US median house value of $338,100. In addition, Macon's 1 year house appreciation rate has been 9.08%, whereas the US 1 year house appreciation rate is 8.27%. This means that housing prices in Macon are increasing at a greater rate than the national average, making it an attractive option for those looking to invest in property or purchase a new home.
The median home cost in Macon is $303,000. Home appreciation the last 10 years has been 106.3%. Home Appreciation in Macon is up 16.1%.
Average Age of Homes
- The median age of Macon real estate is 43 years old
The Rental Market in Macon
- Renters make up 10.8% of the Macon population
- 3.7% of houses and apartments in Macon, 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.