Orangeville, MI is a great place to invest in property. The current median value of housing in the area is $257,800, which is significantly lower than the US median value of $338,100. In addition to being more affordable than most places in the US, Orangeville has seen an impressive 11.43% appreciation rate over the past year - higher than the US average of 8.27%. This is indicative of a strong and healthy real estate market that shows potential for significant growth and profitability over time. With these factors taken into consideration it is no wonder so many people are investing in properties here.
The median home cost in Orangeville is $257,800. Home appreciation the last 10 years has been 104.0%. Home Appreciation in Orangeville is up 15.5%.
Average Age of Homes
- The median age of Orangeville real estate is 44 years old
The Rental Market in Orangeville
- Renters make up 13.3% of the Orangeville population
- 0.0% of houses and apartments in Orangeville, 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.