The housing market in Sherman township (Newaygo County), MI is exceptionally strong. The median value of houses already surpasses the US national average at $263,100 and has grown significantly over the past year at 13.29%, far outpacing the US 1 year appreciation rate of 8.27%. This suggests that investing in property in this area could prove to be an extremely lucrative endeavor given its rapid appreciation and higher than average value.
The median home cost in Sherman township (Newaygo County) is $263,100. Home appreciation the last 10 years has been 123.5%. Home Appreciation in Sherman township (Newaygo County) is up 16.4%.
Average Age of Homes
- The median age of Sherman township (Newaygo County) real estate is 42 years old
The Rental Market in Sherman township (Newaygo County)
- Renters make up 7.4% of the Sherman township (Newaygo County) population
- 0.0% of houses and apartments in Sherman township (Newaygo County), 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.