Mansfield, MI is a great place to invest in housing. The median value of homes in the area currently stands at $267,000, which is significantly lower than the US house median value of $338,100. Furthermore, the one-year appreciation rate for houses in Mansfield has been 12.30%, higher than the national average of 8.27%. This means that investing in Mansfield real estate offers an opportunity for investors and homeowners to gain a great return on their investment over time. With such strong market metrics and potential for growth, consider investing in Mansfield today!
The median home cost in Mansfield is $267,000. Home appreciation the last 10 years has been 95.0%. Home Appreciation in Mansfield is up 18.7%.
Average Age of Homes
- The median age of Mansfield real estate is 43 years old
The Rental Market in Mansfield
- Renters make up 1.3% of the Mansfield population
- 0.0% of houses and apartments in Mansfield, 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.