Sherman township (Iosco County), MI Housing


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United States / Michigan / No Metro Area / Iosco County / Sherman township (Iosco County) / Zip Codes
Sherman township (Iosco County), MI is a great place to buy a house. The median value of housing in this area is $150,500, which is significantly lower than the national median value of $338,100. Additionally, the one year appreciation rate of houses in Sherman township (Iosco County), MI is 9.81%, which is higher than the US average of 8.27%. This makes it an excellent investment opportunity for those looking to purchase property as it indicates that their investment will appreciate quickly.

The median home cost in Sherman township (Iosco County) is $150,500. Home appreciation the last 10 years has been 84.9%. Home Appreciation in Sherman township (Iosco County) is up 14.8%.

Average Age of Homes
- The median age of Sherman township (Iosco County) real estate is 39 years old
The Rental Market in Sherman township (Iosco County)
- Renters make up 10.3% of the Sherman township (Iosco County) population
- 0.7% of houses and apartments in Sherman township (Iosco 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingSherman township (Iosco County), MichiganUnited States
  277.0139,647,020.0
  3842
  $150,500$338,100
  14.8%16.6%
  62.1%57.0%
  84.9%101.1%
  $11.69$10.98
  $868$2,690
  55.2%57.4%
  40.8%11.2%
  4.0%31.4%
  Vacant Housing
  0.7%1.9%
  0.0%0.4%
  2.2%0.7%
  0.0%0.4%
  35.7%3.6%
  2.2%4.1%
  Value of Owner-Occupied Housing
  0.7%2.6%
  7.2%2.4%
  11.8%2.8%
  14.4%3.9%
  13.1%4.5%
  15.0%11.3%
  20.3%13.0%
  9.2%20.1%
  0.0%13.6%
  1.3%8.3%
  3.9%9.7%
  0.7%3.9%
  0.0%2.2%
  0.0%0.8%
  2.6%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  20.9%13.6%
  20.9%13.6%
  17.0%13.6%
  16.2%13.2%
  14.4%14.8%
  17.0%13.6%
  9.0%10.0%
  3.6%4.7%
  5.4%12.2%
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