The housing market in Sanford, MI is strong and is outperforming the national market. The median value for the area is currently $160,300, which is significantly lower than the US house median value of $338,100. In the past year, house appreciation in Sanford has been 9.86%, a full percentage point higher than the US 1 year house appreciation of 8.27%. This shows that housing prices are on an upward trend and that now may be a good time to invest in property in this area.
The median home cost in Sanford is $160,300. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Sanford is up 15.7%.
Average Age of Homes
- The median age of Sanford real estate is 47 years old
The Rental Market in Sanford
- Renters make up 32.7% of the Sanford population
- 0.0% of houses and apartments in Sanford, 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.