The housing market in Royalton, MI is currently thriving. The median value of a house in the area is much higher than the US average at $438,700 compared to $338,100. Additionally, the 1 year appreciation rate of houses in Royalton, MI has been an impressive 10.59%, significantly higher than the national average of 8.27%. This makes Royalton a great place to invest for those looking to capitalize on the booming real estate market.
The median home cost in Royalton is $438,700. Home appreciation the last 10 years has been 89.9%. Home Appreciation in Royalton is up 15.4%.
Average Age of Homes
- The median age of Royalton real estate is 35 years old
The Rental Market in Royalton
- Renters make up 11.0% of the Royalton population
- 0.7% of houses and apartments in Royalton, 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.