The housing market in Posen, MI is thriving with a median value of $148,700 and an impressive 1 year appreciation rate of 16.52%, significantly higher than the US average of 8.27%. This is great news for those looking to invest in real estate in the city, as property values have increased significantly over the last year. Additionally, it's still very affordable compared to other parts of the country where the median value sits at $338,100. With this consistent growth, investing in real estate in Posen looks like a smart move for anyone looking to make a profit in today's market.
The median home cost in Posen is $148,700. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Posen is up 21.4%.
Average Age of Homes
- The median age of Posen real estate is 51 years old
The Rental Market in Posen
- Renters make up 20.3% of the Posen population
- 3.1% of houses and apartments in Posen, 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.