Michigan Center, MI is a great place to live, with an average house median value of $176,100. This is much lower than the US House Median Value of $338,100 which shows that this area is more affordable in comparison. Not only that but the 1 year house appreciation rate in Michigan Center, MI is 9.09%, which is higher than the US 1 year appreciation rate of 8.27%. This means that housing prices are increasing more quickly in Michigan Center compared to other parts of the country. All these factors make Michigan Center a great choice for anyone looking for an affordable and appreciating housing market.
The median home cost in Michigan Center is $176,100. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Michigan Center is up 16.2%.
Average Age of Homes
- The median age of Michigan Center real estate is 51 years old
The Rental Market in Michigan Center
- Renters make up 26.4% of the Michigan Center population
- 0.0% of houses and apartments in Michigan Center, 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.