Roosevelt Park, MI is a great place to live with its median housing value at $194,900. This is significantly lower than the US House Median Value of $338,100. Although the house values in Roosevelt Park are more affordable than the rest of the country, they have seen a large appreciation of 13.62% year-over-year while the national house appreciation rate is 8.27%. This makes Roosevelt Park an attractive investment opportunity for potential homeowners looking to buy property in the area.
The median home cost in Roosevelt Park is $194,900. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Roosevelt Park is up 16.5%.
Average Age of Homes
- The median age of Roosevelt Park real estate is 52 years old
The Rental Market in Roosevelt Park
- Renters make up 37.5% of the Roosevelt Park population
- 2.8% of houses and apartments in Roosevelt Park, 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.