Metz, MI has a median housing value of $154,500, which is significantly lower than the US median housing value of $338,100. This lower cost can be beneficial for those looking to purchase a home in Metz; however, the one year appreciation rate for homes in Metz is higher than that of the US at 16.52% compared to 8.27%. This suggests that while Metz may be an affordable area to buy a home now, property values are likely to increase over time, meaning those who purchase in the area now may see an increased return on their investment down the road.
The median home cost in Metz is $154,500. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Metz is up 21.4%.
Average Age of Homes
- The median age of Metz real estate is 52 years old
The Rental Market in Metz
- Renters make up 5.9% of the Metz population
- 0.0% of houses and apartments in Metz, 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.