The housing market in Porter township (Midland County), MI is booming. The median value of homes in the area is $162,300, which is substantially lower than the US median value of $338,100. This lower median value is a great opportunity for buyers looking to get into the housing market in Porter township. In the last year alone, house appreciation was 9.85%, higher than the national average of 8.27%. This means that buying a home now can result in significantly higher returns on investment down the road as housing prices are only going up with such impressive growth rates.
The median home cost in Porter township (Midland County) is $162,300. Home appreciation the last 10 years has been 76.3%. Home Appreciation in Porter township (Midland County) is up 15.7%.
Average Age of Homes
- The median age of Porter township (Midland County) real estate is 38 years old
The Rental Market in Porter township (Midland County)
- Renters make up 9.2% of the Porter township (Midland County) population
- 0.0% of houses and apartments in Porter township (Midland County), 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.