Pigeon, MI is a great place to invest in real estate as the median value of housing is $155,000 which is much lower than the US House Median Value of $338,100. Furthermore, the 1 year appreciation rate for homes in Pigeon, MI is 9.81%, which is higher than the US 1 year House Appreciation rate of 8.27%. This indicates that housing values in Pigeon, MI are increasing more rapidly than those around the US making it an attractive option for home buyers and investors alike.
The median home cost in Pigeon is $155,000. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Pigeon is up 14.8%.
Average Age of Homes
- The median age of Pigeon real estate is 58 years old
The Rental Market in Pigeon
- Renters make up 27.4% of the Pigeon population
- 6.1% of houses and apartments in Pigeon, 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.