Spring Arbor, MI is a great place to live with an impressive median value for housing of $228,200. The US median value for housing is even higher at $338,100. Furthermore, the 1 year appreciation rate for houses in Spring Arbor, MI is 9.09%, which is greater than the national average of 8.27%. All this indicates that Spring Arbor, MI is a desirable area to live and invest in property.
The median home cost in Spring Arbor is $228,200. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Spring Arbor is up 16.2%.
Average Age of Homes
- The median age of Spring Arbor real estate is 45 years old
The Rental Market in Spring Arbor
- Renters make up 32.3% of the Spring Arbor population
- 0.0% of houses and apartments in Spring Arbor, 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.