The housing market in Stambaugh, MI is very strong. The median value of a house in the city is $231,100, which is lower than the national median of $338,100. However, the 1-year appreciation rate for houses in Stambaugh is 12.24%, which is higher than the national rate of 8.27%. This indicates that home values are growing quickly and investors are seeing excellent returns on their investment in Stambaugh.
The median home cost in Stambaugh is $231,100. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Stambaugh is up 18.2%.
Average Age of Homes
- The median age of Stambaugh real estate is 40 years old
The Rental Market in Stambaugh
- Renters make up 2.2% of the Stambaugh population
- 0.7% of houses and apartments in Stambaugh, 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.