Housing in Portage charter township, MI is an attractive and desirable market for potential homeowners. The median value of homes in this area is $268,500, which is significantly lower than the US House Median value of $338,100. Despite the lower median value, those looking to buy in this area can take comfort in knowing that the 1 year house appreciation rate has been around 12.24%, which is higher than the national average of 8.27%. All factors considered, it is clear to see why Portage charter township, MI continues to be a popular housing market.
The median home cost in Portage charter is $268,500. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Portage charter is up 18.2%.
Average Age of Homes
- The median age of Portage charter real estate is 44 years old
The Rental Market in Portage charter
- Renters make up 19.0% of the Portage charter population
- 2.9% of houses and apartments in Portage charter, 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.