Mendon, MI is a great place to purchase a house with its median value being $168,100. This is significantly lower than the US House Median Value of $338,100 and makes it more attractive to potential homebuyers. On top of that, the 1 year House Appreciation rate in Mendon, MI is 10.54%, which is higher than the US 1 year House Appreciation rate of 8.27%. All in all, Mendon, MI provides great housing opportunities for those looking to invest or buy their first home.
The median home cost in Mendon is $168,100. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Mendon is up 14.9%.
Average Age of Homes
- The median age of Mendon real estate is 70 years old
The Rental Market in Mendon
- Renters make up 15.9% of the Mendon population
- 0.0% of houses and apartments in Mendon, 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.