The housing market in Ronald, MI is thriving. The median value of homes in the area is $197,900, significantly lower than the US house median value of $338,100. Despite a slightly lower median value, home appreciation in Ronald, MI has seen an increase of 8.98%, higher than the national average of 8.27%. This shows that people are investing in the real estate market in Ronald and are confident it will continue to grow.
The median home cost in Ronald is $197,900. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Ronald is up 12.2%.
Average Age of Homes
- The median age of Ronald real estate is 41 years old
The Rental Market in Ronald
- Renters make up 8.6% of the Ronald population
- 1.1% of houses and apartments in Ronald, 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.