The housing market in Mount Forest, MI is doing well compared to the US average. The median value of a house in Mount Forest is $207,000, which is much lower than the national median value of $338,100. Furthermore, the one-year appreciation rate for homes in Mount Forest has exceeded the US average by 1.59%, coming in at 9.86%. This indicates that the housing market in this area is robust and increasing in value over time.
The median home cost in Mount Forest is $207,000. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Mount Forest is up 15.7%.
Average Age of Homes
- The median age of Mount Forest real estate is 41 years old
The Rental Market in Mount Forest
- Renters make up 6.9% of the Mount Forest population
- 0.0% of houses and apartments in Mount Forest, 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.