Housing in Ponshewaing, MI is in high demand as evidenced by its median value of $338,400, which is slightly higher than the US median house value of $338,100. Furthermore, the appreciation rate for houses in Ponshewaing has been growing rapidly at 16.52%, nearly double the national average of 8.27%. The strong housing market in Ponshewaing clearly indicates that this area is an attractive place to invest in real estate and demonstrates that it's a great place to live.
The median home cost in Ponshewaing is $338,400. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Ponshewaing is up 21.4%.
Average Age of Homes
- The median age of Ponshewaing real estate is 78 years old
The Rental Market in Ponshewaing
- Renters make up 7.4% of the Ponshewaing population
- 0.0% of houses and apartments in Ponshewaing, 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.