Rockwood, MI is a great place to buy a home with a median value of $186,900 which is significantly lower than the US House Median Value of $338,100. The US 1 year house appreciation rate was 8.27%, and the Rockwood area's 1 year appreciation rate was 8.47%. This shows that the housing market in Rockwood is continuing to appreciate faster than the national average, making it an attractive option for prospective homebuyers. Rockwood is an excellent place to live, and investing in its housing market can be a wise decision for those looking to own their own property.
The median home cost in Rockwood is $186,900. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Rockwood is up 13.1%.
Average Age of Homes
- The median age of Rockwood real estate is 50 years old
The Rental Market in Rockwood
- Renters make up 28.5% of the Rockwood population
- 0.0% of houses and apartments in Rockwood, 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.