The housing market in Powers, MI is booming! The median value of homes in the area is $108,300 and has seen an appreciable increase of 12.90% year-on-year. This is significantly higher than the US House Median Value of $338,100 and the 1 year House Appreciation which is up 8.27%. This shows that the housing market in Powers, MI is performing remarkably well compared to the US as a whole and presents great opportunities for buyers looking for a great investment opportunity in this area.
The median home cost in Powers is $108,300. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Powers is up 23.1%.
Average Age of Homes
- The median age of Powers real estate is 61 years old
The Rental Market in Powers
- Renters make up 36.2% of the Powers population
- 6.0% of houses and apartments in Powers, 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.