Housing in Rich, MI is an attractive option for those looking to buy a home. The median value of houses here is $216,000, which is significantly lower than the US House Median Value of $338,100. Additionally, the 1 year house appreciation rate in Rich, MI is 8.22%, which is only slightly lower than the US average of 8.27%. This makes it an ideal place for those who are looking to invest in real estate as they will be able to get better returns on their investments in this area.
The median home cost in Rich is $216,000. Home appreciation the last 10 years has been 100.3%. Home Appreciation in Rich is up 13.9%.
Average Age of Homes
- The median age of Rich real estate is 39 years old
The Rental Market in Rich
- Renters make up 5.9% of the Rich population
- 0.0% of houses and apartments in Rich, 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.