Novesta, MI is an excellent place to invest in housing. The median value of homes in Novesta is $136,400, which is significantly lower than the US House Median Value of $338,100. In the past year alone, home appreciation in Novesta has been 9.81%, compared to the 8.27% appreciation rate nationwide. This indicates that housing values are growing fast in Novesta, making it a prime location for real estate investments. With its lower than average median house values and strong appreciation rates, Novesta offers great opportunities for buyers who are looking to make a wise investment.
The median home cost in Novesta is $136,400. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Novesta is up 14.8%.
Average Age of Homes
- The median age of Novesta real estate is 44 years old
The Rental Market in Novesta
- Renters make up 9.6% of the Novesta population
- 0.0% of houses and apartments in Novesta, 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.