The housing market in Onekama, MI is an attractive option for prospective homebuyers as it offers a median value of $275,300 which is significantly lower than the US median value of $338,100. Additionally, the one year house appreciation rate in Onekama is nearly double that of the national average at 15.49% compared to 8.27%. This makes Onekama MI an ideal location to invest in real estate and take advantage of its strong appreciation rate.
The median home cost in Onekama is $275,300. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Onekama is up 19.8%.
Average Age of Homes
- The median age of Onekama real estate is 48 years old
The Rental Market in Onekama
- Renters make up 20.5% of the Onekama population
- 2.2% of houses and apartments in Onekama, 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.