The housing market in Marcellus, MI is thriving. The median value of a house is $190,400, which is significantly lower than the US median of $338,100. In the past year alone, the value of houses in Marcellus has appreciated by 10.54%, compared to 8.27% appreciation nationally. This indicates that buyers and investors are flocking to Marcellus for its affordable prices and strong return on investment - making it an attractive place to buy a home.
The median home cost in Marcellus is $190,400. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Marcellus is up 14.9%.
Average Age of Homes
- The median age of Marcellus real estate is 78 years old
The Rental Market in Marcellus
- Renters make up 16.3% of the Marcellus population
- 0.0% of houses and apartments in Marcellus, 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.