Housing in Marine City, MI is quite affordable in comparison to the national average. The median home value in Marine City is $194,600, which is significantly lower than the US house median value of $338,100. Additionally, although housing appreciation rates nationwide are 8.27%, homes in Marine City appreciated by 7.58% over the past year indicating that it may be a great place to purchase a home that will retain its value.
The median home cost in Marine City is $194,600. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Marine City is up 10.8%.
Average Age of Homes
- The median age of Marine City real estate is 67 years old
The Rental Market in Marine City
- Renters make up 25.0% of the Marine City population
- 0.0% of houses and apartments in Marine City, 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.