River Rouge, MI is a great place to live with housing prices that are much lower than the US median value. The most recent house appreciation in River Rouge was 4.30%, which is lower than the national average of 8.27%. Despite the lower house appreciation rate, houses in River Rouge still provide great value and are a great investment for potential homeowners.
The median home cost in River Rouge is $63,400. Home appreciation the last 10 years has been 130.9%. Home Appreciation in River Rouge is up 9.7%.
Average Age of Homes
- The median age of River Rouge real estate is 78 years old
The Rental Market in River Rouge
- Renters make up 31.8% of the River Rouge population
- 1.4% of houses and apartments in River Rouge, 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.