Norwich township (Newaygo County), MI has a median housing value of $313,600 which is significantly lower than the US median housing value of $338,100. Despite this difference in values, the house appreciation in Norwich township (Newaygo County), MI in the past year has been even more impressive than the US Average of 8.27%, with its average increase being 12.54%. This indicates that the housing market in Norwich township (Newaygo County), MI is steadily increasing and offers a great investment opportunity for those looking to buy real estate.
The median home cost in Norwich township (Newaygo County) is $313,600. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Norwich township (Newaygo County) is up 16.2%.
Average Age of Homes
- The median age of Norwich township (Newaygo County) real estate is 41 years old
The Rental Market in Norwich township (Newaygo County)
- Renters make up 3.9% of the Norwich township (Newaygo County) population
- 0.0% of houses and apartments in Norwich township (Newaygo 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.