Spring Arbor township, MI is a great place to invest in property. The median value of homes in the area is $228,400, which is slightly lower than the US national median value of $338,100. House values in Spring Arbor have also seen a higher appreciation rate over the past year than the national average; 9.09% compared to 8.27%. This makes investing in local real estate a highly attractive option for potential buyers and sellers alike.
The median home cost in Spring Arbor township is $228,400. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Spring Arbor township is up 16.2%.
Average Age of Homes
- The median age of Spring Arbor township real estate is 42 years old
The Rental Market in Spring Arbor township
- Renters make up 14.1% of the Spring Arbor township population
- 0.0% of houses and apartments in Spring Arbor township, 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.