South Gull Lake, MI is a desirable place for potential homeowners due to its median housing value of $395,700, which is higher than the US median housing value of $338,100. Additionally, house appreciation in South Gull Lake has risen by 10.54%, which is slightly higher than the national appreciation rate of 8.27%. This makes it an attractive option for those looking to invest in real estate or purchase a home. The high median housing value and fast appreciation rate make South Gull Lake an ideal location for many seeking homeownership.
The median home cost in South Gull Lake is $395,700. Home appreciation the last 10 years has been 90.4%. Home Appreciation in South Gull Lake is up 14.9%.
Average Age of Homes
- The median age of South Gull Lake real estate is 58 years old
The Rental Market in South Gull Lake
- Renters make up 11.8% of the South Gull Lake population
- 0.0% of houses and apartments in South Gull Lake, 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.