The housing market in Readmond, MI is flourishing. The median value of a house in this city is $306,100, compared to the US median value of $338,100. This means that the cost of living in Readmond is relatively low because you can purchase a home for less money than the national average. Additionally, the one year appreciation rate for houses in Readmond is 16.52%, higher than the US 1 year appreciation rate of 8.27%. This indicates that homeowners are seeing an increase in their property values and making a return on their investment. All in all, it's clear that Readmond is an excellent option for buying or selling a home.
The median home cost in Readmond is $306,100. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Readmond is up 21.4%.
Average Age of Homes
- The median age of Readmond real estate is 30 years old
The Rental Market in Readmond
- Renters make up 2.4% of the Readmond population
- 0.0% of houses and apartments in Readmond, 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.