The housing market in Shields, MI is doing well compared to the US average. The median value for an average home in Shields is $153,100, which is slightly lower than the US median of $338,100. Additionally, the one year appreciation rate is higher in Shields at 9.86% compared to 8.27% nationally. This indicates that Shields real estate market - while lower than national averages - is growing faster and could be a good investment opportunity.
The median home cost in Shields is $153,100. Home appreciation the last 10 years has been 76.0%. Home Appreciation in Shields is up 15.7%.
Average Age of Homes
- The median age of Shields real estate is 45 years old
The Rental Market in Shields
- Renters make up 18.5% of the Shields population
- 2.6% of houses and apartments in Shields, 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.