Martin township, MI Housing


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Martin township, MI has a median house value of $250,700 which is significantly lower than the US House Median Value of $338,100. Despite this difference in overall value, the one year house appreciation rate for Martin township is 11.07%, higher than the US average of 8.27%. This suggests that the housing market in Martin township is thriving and appreciating at a healthy rate, despite its lower median home value compared to the national average.

The median home cost in Martin township is $250,700. Home appreciation the last 10 years has been 98.5%. Home Appreciation in Martin township is up 15.2%.

Average Age of Homes
- The median age of Martin township real estate is 45 years old
The Rental Market in Martin township
- Renters make up 17.5% of the Martin township population
- 0.4% of houses and apartments in Martin township, 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingMartin township, MichiganUnited States
  1,115.0139,647,020.0
  5042
  $250,700$338,100
  15.2%16.6%
  57.8%57.0%
  98.5%101.1%
  $13.59$10.98
  $2,173$2,690
  84.2%57.4%
  5.0%11.2%
  10.8%31.4%
  Vacant Housing
  0.4%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  2.8%3.6%
  1.8%4.1%
  Value of Owner-Occupied Housing
  4.2%2.6%
  7.7%2.4%
  4.2%2.8%
  5.2%3.9%
  1.7%4.5%
  19.9%11.3%
  26.0%13.0%
  21.9%20.1%
  7.1%13.6%
  0.0%8.3%
  2.1%9.7%
  0.0%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.4%0.2%
  15.7%13.6%
  15.7%13.6%
  6.9%13.6%
  12.4%13.2%
  12.5%14.8%
  6.9%13.6%
  3.4%10.0%
  3.4%4.7%
  33.5%12.2%
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