The housing market in Napoleon, MI is very promising. The median value of homes in the area is $153,300, compared to the US House median value of $338,100. In the past year, the US has seen an 8.27% increase in house appreciation, but in Napoleon, MI that number increases to 9.09%. This indicates a very strong housing market in the area and suggests that buying or investing in property here would be a wise choice for anyone looking to get into the real estate business.
The median home cost in Napoleon is $153,300. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Napoleon is up 16.2%.
Average Age of Homes
- The median age of Napoleon real estate is 44 years old
The Rental Market in Napoleon
- Renters make up 14.2% of the Napoleon population
- 11.4% of houses and apartments in Napoleon, 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.