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Ramsay, MI Housing
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United States
/
Michigan
/ No Metro Area /
Gogebic County
/ Ramsay /
Zip Codes
EXPLORE RAMSAY
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Ramsay, MI is a great place for housing investments. The median value of homes in Ramsay is $128,900, which is much lower than the US median value of $338,100. This means that homebuyers have more options at a lower price point. In addition to this, the 1 year appreciation rate for houses in Ramsay is 18.20%, significantly higher than the 8.27% appreciation rate nationwide. Investing in housing in Ramsay is an excellent option due to the low median prices and high potential for growth over time.
Median Monthly Rent by Number of Bedrooms
Housing by Year Built
Housing
Ramsay, Michigan
United States
Number of Homes
204.0
139,647,020.0
Median Home Age
67
42
Median Home Cost
$128,900
$338,100
Home Appr. Last 12 months
18.2%
16.6%
Home Appr. Last 5 yrs.
63.2%
57.0%
Home Appr. Last 10 yrs.
97.4%
101.1%
Property Tax Rate
$18.47
$10.98
Property Taxes Paid
$771
$2,690
Homes Owned
53.9%
57.4%
Housing Vacant
39.7%
11.2%
Homes Rented
6.4%
31.4%
Vacant Housing
Vacant For Rent
0.0%
1.9%
Vacant Rented
0.0%
0.4%
Vacant For Sale
0.0%
0.7%
Vacant Sold
0.0%
0.4%
Vacant Vacation
19.6%
3.6%
Vacant Other
20.1%
4.1%
Value of Owner-Occupied Housing
Less Than $20,000
20.9%
2.6%
$20,000 to $39,999
22.7%
2.4%
$40,000 to $59,999
8.2%
2.8%
$60,000 to $79,999
9.1%
3.9%
$80,000 to $99,999
22.7%
4.5%
$100,000 to $149,999
0.0%
11.3%
$150,000 to $199,999
14.5%
13.0%
$200,000 to $299,999
1.8%
20.1%
$300,000 to $399,999
0.0%
13.6%
$400,000 to $499,999
0.0%
8.3%
$500,000 to $749,999
0.0%
9.7%
$750,000 to $999,999
0.0%
3.9%
$1,000,000 to $1,499,999
0.0%
2.2%
$1,500,000 to $1,999,999
0.0%
0.8%
$2,000,000 and over
0.0%
1.1%
Housing Units by Year Structure Built
2014 and newer
0.0%
0.2%
2010 to 2013
0.0%
13.6%
2000 to 2009
0.0%
13.6%
1990 to 1999
0.0%
13.6%
1980 to 1989
0.0%
13.2%
1970 to 1979
2.5%
14.8%
1960 to 1969
0.0%
13.6%
1950 to 1959
10.3%
10.0%
1940 to 1949
10.8%
4.7%
1939 or Earlier
76.5%
12.2%
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