The housing in Milan township, MI is quite desirable, with a median value of $244,700. This is significantly lower than the US House Median Value of $338,100. Despite this discrepancy in median value, the appreciation rate for houses over the past year has been 8.49%—just slightly higher than the national rate of 8.27%. As such, it appears that housing prices in Milan township are highly competitive and may be a great investment opportunity for those looking to purchase or rent property in the area.
The median home cost in Milan township is $244,700. Home appreciation the last 10 years has been 109.7%. Home Appreciation in Milan township is up 13.2%.
Average Age of Homes
- The median age of Milan township real estate is 56 years old
The Rental Market in Milan township
- Renters make up 7.3% of the Milan township population
- 0.0% of houses and apartments in Milan township, 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.