The housing market in Newton township (Calhoun County), MI is quite strong. The median value of houses in the area is $239,200, significantly lower than the US House median value of $338,100. Furthermore, the appreciation rate for houses in this area is higher than the national average at 10.54%, compared to 8.27%. This shows that investing in the housing market within this area can be a sound investment decision due to its high potential for appreciation and reasonable median value.
The median home cost in Newton township (Calhoun County) is $239,200. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Newton township (Calhoun County) is up 14.9%.
Average Age of Homes
- The median age of Newton township (Calhoun County) real estate is 38 years old
The Rental Market in Newton township (Calhoun County)
- Renters make up 6.5% of the Newton township (Calhoun County) population
- 1.5% of houses and apartments in Newton township (Calhoun County), 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.