The housing market in Peaine, MI is booming with a median value of $461,400. This is substantially higher than the US median of $338,100 and it has seen an even greater appreciation with a 16.52% increase over the past year compared to the national average of 8.27%. This means that homes are becoming increasingly desirable and expensive in Peaine, MI. The high home values contribute to the strong real estate market in this area and make it an attractive place to both buy and invest in property.
The median home cost in Peaine is $461,400. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Peaine is up 21.4%.
Average Age of Homes
- The median age of Peaine real estate is 30 years old
The Rental Market in Peaine
- Renters make up 1.7% of the Peaine population
- 0.0% of houses and apartments in Peaine, 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.