The housing market in Ontonagon township, MI is thriving. The median value for houses is $97,500, which is much lower than the US median of $338,100. In the last year, house appreciation in Ontonagon township has been 12.24%, higher than the national rate of 8.27%. This shows that Ontonagon township is a great place to invest in housing and enjoy a strong return on investment.
The median home cost in Ontonagon township is $97,500. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Ontonagon township is up 18.2%.
Average Age of Homes
- The median age of Ontonagon township real estate is 57 years old
The Rental Market in Ontonagon township
- Renters make up 12.0% of the Ontonagon township population
- 1.5% of houses and apartments in Ontonagon township, 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.