The housing market in Marilla, MI is a thriving one. The median value of houses is $220,400, which is significantly lower than the U.S. house median value of $338,100. Despite this discrepancy, the one-year house appreciation rate in Marilla has been 15.49%, which is higher than the national rate of 8.27%. This suggests that Marilla continues to be an attractive option for people looking to make investments in real estate and housing opportunities.
The median home cost in Marilla is $220,400. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Marilla is up 19.8%.
Average Age of Homes
- The median age of Marilla real estate is 32 years old
The Rental Market in Marilla
- Renters make up 7.1% of the Marilla population
- 0.0% of houses and apartments in Marilla, 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.