New Buffalo township, MI is a desirable place to live, evidenced by its median housing value of $709,700. This is significantly higher than the US House Median Value of $338,100. Furthermore, the 1 year appreciation in New Buffalo township was 11.06%, much higher than the US 1 year House Appreciation of 8.27%. This indicates that house values are increasing even faster in New Buffalo township than other parts of the country. The rising housing values in New Buffalo township make it an attractive area for those looking to invest and purchase homes.
The median home cost in New Buffalo township is $709,700. Home appreciation the last 10 years has been 85.3%. Home Appreciation in New Buffalo township is up 19.5%.
Average Age of Homes
- The median age of New Buffalo township real estate is 41 years old
The Rental Market in New Buffalo township
- Renters make up 8.5% of the New Buffalo township population
- 0.0% of houses and apartments in New Buffalo township, 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.