Nessen City, MI is an attractive place to own a home due to its high median value of $230,600. This is significantly lower than the US median of $338,100 and gives potential buyers in Nessen City more purchasing power. In addition, house appreciation has been strong in Nessen City over the past year, with a growth rate of 15.49%. This figure is higher than the US 1 year house appreciation rate of 8.27%, making Nessen City's housing market an even more attractive investment for potential buyers.
The median home cost in Nessen City is $230,600. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Nessen City is up 19.8%.
Average Age of Homes
- The median age of Nessen City real estate is 43 years old
The Rental Market in Nessen City
- Renters make up 14.9% of the Nessen City population
- 0.0% of houses and apartments in Nessen City, 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.