The housing market in New Haven, MI is slightly lower than the US average in terms of median value, with a median value of $273,900. However, despite this difference, it has still seen steady growth year over year with an appreciation rate of 7.58%, not too far off from the US average of 8.27%. This suggests that New Haven is a great place to invest in real estate and may be a smart choice for those looking to get into the housing market.
The median home cost in New Haven is $273,900. Home appreciation the last 10 years has been 116.4%. Home Appreciation in New Haven is up 10.8%.
Average Age of Homes
- The median age of New Haven real estate is 19 years old
The Rental Market in New Haven
- Renters make up 24.5% of the New Haven population
- 0.0% of houses and apartments in New Haven, 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.