Moran, MI is an attractive place to buy a home due to its comparatively low median value of $162,300 in comparison to the US house median value of $338,100. Additionally, Moran has seen an impressive 16.52% appreciation rate in the last year compared to 8.27% for the US house market in general. This means that Moran could be a great investment opportunity for potential buyers looking for a reasonable price and good return on their investment.
The median home cost in Moran is $162,300. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Moran is up 21.4%.
Average Age of Homes
- The median age of Moran real estate is 35 years old
The Rental Market in Moran
- Renters make up 5.2% of the Moran population
- 1.9% of houses and apartments in Moran, 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.