The housing market in Presque Isle Harbor, MI is strong and growing. The median value of homes stands at $224,900, which is significantly lower than the US median value of $338,100. However, this does not faze home buyers in the area as the one-year appreciation rate for houses has been a remarkable 16.52%, much higher than the US average of 8.27%. This speaks volumes about the potential for growth in this small Michigan town and makes it an attractive option for those looking to invest in property.
The median home cost in Presque Isle Harbor is $224,900. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Presque Isle Harbor is up 21.4%.
Average Age of Homes
- The median age of Presque Isle Harbor real estate is 33 years old
The Rental Market in Presque Isle Harbor
- Renters make up 1.4% of the Presque Isle Harbor population
- 0.0% of houses and apartments in Presque Isle Harbor, 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.