The housing in Pavilion, MI is quite impressive as the median value of homes is currently $251,400 which is substantially lower than the US House Median Value of $338,100. Furthermore, the 1 year appreciation rate for housing in Pavilion, MI has been 10.54%, which is higher than the US average of 8.27%. This indicates that the real estate market in Pavilion, MI is strong and healthy which makes it a desirable place to live for potential homebuyers.
The median home cost in Pavilion is $251,400. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Pavilion is up 14.9%.
Average Age of Homes
- The median age of Pavilion real estate is 37 years old
The Rental Market in Pavilion
- Renters make up 5.5% of the Pavilion population
- 0.0% of houses and apartments in Pavilion, 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.