Shoreham, MI is a great place to live for those looking for an ideal housing market. The median value of houses in Shoreham is $301,300 – about 11% lower than the national average of $338,100. However, this doesn't mean that homeowners in Shoreham will be losing money on their investments because the 1 year house appreciation rate in Shoreham is 10.54%, which is higher than the US's 8.27%. This means that homeowners in Shoreham can expect their investments to grow if they remain for at least a year. So if you're looking for a great place to invest your money into real estate, then look no further than Shoreham, MI!
The median home cost in Shoreham is $301,300. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Shoreham is up 14.9%.
Average Age of Homes
- The median age of Shoreham real estate is 43 years old
The Rental Market in Shoreham
- Renters make up 15.6% of the Shoreham population
- 0.0% of houses and apartments in Shoreham, 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.