The housing market in Mottville, MI is looking strong with the median value of $183,000 and a 1 year appreciation rate of 10.54%. This is slightly higher than the US House Median Value of $338,100 and the US 1 year House Appreciation rate of 8.27%, making Mottville an attractive place to invest in real estate. With this high appreciation rate, homeowners can expect to see their investments grow over time, and potential buyers should consider Mottville for their next purchase.
The median home cost in Mottville is $183,000. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Mottville is up 14.9%.
Average Age of Homes
- The median age of Mottville real estate is 44 years old
The Rental Market in Mottville
- Renters make up 14.3% of the Mottville population
- 1.6% of houses and apartments in Mottville, 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.