Mullett, MI is an area with a thriving housing market. The median value of a house in Mullett is $270,200, which is significantly lower than the US median house value of $338,100. Despite this difference, the one year appreciation rate for housing in Mullett is 16.52%, which is more than double the US one year appreciation rate of 8.27%. This indicates that the housing market in Mullett has been performing remarkably well compared to national trends and that it is likely to remain stable going forward.
The median home cost in Mullett is $270,200. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Mullett is up 21.4%.
Average Age of Homes
- The median age of Mullett real estate is 42 years old
The Rental Market in Mullett
- Renters make up 3.1% of the Mullett population
- 0.0% of houses and apartments in Mullett, 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.