Springvale, MI has an impressive housing market with a median value of $291,000. This is significantly less than the US House median value of $338,100, yet in the last year the appreciation rate of Springvale's housing has been 16.52%, which is far above the US house appreciation rate of 8.27%. These figures show that Springvale's housing market is highly desirable and will likely continue to grow in both value and popularity in the years to come.
The median home cost in Springvale is $291,000. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Springvale is up 21.4%.
Average Age of Homes
- The median age of Springvale real estate is 32 years old
The Rental Market in Springvale
- Renters make up 5.0% of the Springvale population
- 0.0% of houses and apartments in Springvale, 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.