The housing market in Omer, MI has been consistently growing over the past year. The median value of a house in Omer is $117,200, which is considerably lower than the US median of $338,100. Despite this difference, Omer's 1 year house appreciation rate stands at 9.81%, which is higher than the US 1 year house appreciation rate of 8.27%. This growth reflects positively on the housing market in Omer and suggests that now might be a good time to invest in property there.
The median home cost in Omer is $117,200. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Omer is up 14.8%.
Average Age of Homes
- The median age of Omer real estate is 57 years old
The Rental Market in Omer
- Renters make up 13.0% of the Omer population
- 0.0% of houses and apartments in Omer, 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.