The housing market in Muskegon charter township, MI is booming. The median value of a house there is $167,000, which is significantly lower than the US median of $338,100. This means that it's an attractive area for people looking to purchase a home at a more affordable price. Furthermore, the one-year appreciation rate for house values in Muskegon charter township is 13.62%, which is higher than the national average rate of 8.27%. This suggests that purchasing a home in this area would be a great investment and provide long-term financial stability for potential homeowners.
The median home cost in Muskegon charter is $167,000. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Muskegon charter is up 16.5%.
Average Age of Homes
- The median age of Muskegon charter real estate is 48 years old
The Rental Market in Muskegon charter
- Renters make up 21.4% of the Muskegon charter population
- 0.3% of houses and apartments in Muskegon charter, 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.