The housing market in Middlebury, MI is thriving. The median value of homes is currently $185,400 which is considerably lower than the US median value of $338,100. Over the last year, the appreciation rate for homes in this area has been 8.98%, which is higher than the US average of 8.27%. This suggests that property values are on the rise and investing in a home in Middlebury could be a great opportunity.
The median home cost in Middlebury is $185,400. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Middlebury is up 12.2%.
Average Age of Homes
- The median age of Middlebury real estate is 46 years old
The Rental Market in Middlebury
- Renters make up 11.3% of the Middlebury population
- 0.0% of houses and apartments in Middlebury, 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.