The housing market in McBain, MI is booming! The median value of homes in McBain is significantly lower than the US house median value at $184,300 compared to $338,100 respectively. This makes McBain a great option for potential home buyers looking for more affordable options. Additionally, the 1 year house appreciation rate in McBain is much higher than the US rate at 15.49% compared to 8.27%. This indicates that investing in housing within McBain could be a wise financial move and would likely see a good return on investment.
The median home cost in McBain is $184,300. Home appreciation the last 10 years has been 122.2%. Home Appreciation in McBain is up 19.8%.
Average Age of Homes
- The median age of McBain real estate is 53 years old
The Rental Market in McBain
- Renters make up 39.2% of the McBain population
- 0.0% of houses and apartments in McBain, 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.