Housing in Raber, MI is more affordable than the national average. The median value of a house in Raber is $148,400 compared to the US median value of $338,100. Additionally, the 1 year house appreciation rate within Raber is 16.52%, significantly higher than the 1 year US house appreciation rate of 8.27%. This suggests that Raber housing may be a good investment option for potential homebuyers looking for an affordable option with high return potential.
The median home cost in Raber is $148,400. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Raber is up 21.4%.
Average Age of Homes
- The median age of Raber real estate is 34 years old
The Rental Market in Raber
- Renters make up 5.9% of the Raber population
- 1.9% of houses and apartments in Raber, 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.