The housing market in Pierson township, MI is performing well above average when compared to the US housing market. The median value of a house in Pierson township is $251,300, which is significantly less than the US median value of $338,100. However, the 1 year house appreciation in Pierson township is 12.54%, much higher than the 8.27% national average. This indicates that house values are continuing to grow faster in Pierson than the rest of the country and could be an attractive option for future homeowners looking to purchase a home.
The median home cost in Pierson township is $251,300. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Pierson township is up 16.2%.
Average Age of Homes
- The median age of Pierson township real estate is 30 years old
The Rental Market in Pierson township
- Renters make up 7.9% of the Pierson township population
- 3.7% of houses and apartments in Pierson 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.