The housing market in Minden, MI is relatively affordable. The median value of a house in Minden is $143,900, compared to the US median value of $338,100. Many people find this appealing for those wanting to buy a home. The one-year appreciation rate for houses in Minden was 6.41%, slightly lower than the 8.27% appreciation seen across the United States; this is still a good rate, indicating that the housing market in Minden is performing well.
The median home cost in Minden is $143,900. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Minden is up 12.8%.
Average Age of Homes
- The median age of Minden real estate is 53 years old
The Rental Market in Minden
- Renters make up 7.9% of the Minden population
- 0.0% of houses and apartments in Minden, 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.