The housing market in Sullivan, MI is doing extremely well. The median value of homes in Sullivan is $254,500, which is significantly lower than the US house median value of $338,100. In addition, the one year house appreciation rate in Sullivan is 13.62%, much higher than the 8.27% appreciation rate for houses throughout the US. This indicates that the housing market in Sullivan is booming and that now may be an excellent time to invest in real estate there.
The median home cost in Sullivan is $254,500. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Sullivan is up 16.5%.
Average Age of Homes
- The median age of Sullivan real estate is 44 years old
The Rental Market in Sullivan
- Renters make up 5.3% of the Sullivan population
- 0.0% of houses and apartments in Sullivan, 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.