The housing market in Oronoko charter township, MI is thriving. The median value of a house in the township is $252,400, which is much lower than the US median of $338,100. Despite this affordability, the town still saw an impressive 1 year house appreciation rate of 11.06%, outpacing the national average of 8.27%. This indicates that Oronoko charter township is a great place to consider when looking for a new home or investment property. With its relatively low cost and strong appreciation rate, it is no wonder why people are flocking to this vibrant community.
The median home cost in Oronoko charter is $252,400. Home appreciation the last 10 years has been 85.3%. Home Appreciation in Oronoko charter is up 19.5%.
Average Age of Homes
- The median age of Oronoko charter real estate is 48 years old
The Rental Market in Oronoko charter
- Renters make up 32.6% of the Oronoko charter population
- 0.9% of houses and apartments in Oronoko charter, 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.